79-3109c. Property exempt from taxation; money, notes and other evidence of debt. Money, notes and other evidence of debt are hereby exempt from all ad valorem and other property taxes levied under the laws of the state of Kansas.
History: L. 1982, ch. 407, ยง 2; May 13.
Cross References to Related Sections:
Exemption from local taxes upon earnings from moneys, notes and other evidence of debt, see 12-1,109.
Attorney General's Opinions:
Petition to repeal intangibles tax. 82-230.
CASE ANNOTATIONS
1. Sales taxes are debt of the consumer and exempt from property tax hereunder. Board of Leavenworth County Comm'rs. v. McGraw Fertilizer Serv., Inc., 261 Kan. 901, 920, 933 P.2d 698 (1997).
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