HB 5003--
House Concurrent Resolution No. 5003
By Representative Lane
[ol12](By request) 1-15

A CONCURRENT RESOLUTION to memorialize congress to enact legislation to implement the sovereignty proposal. WHEREAS, The sovereignty proposal would make interest-free loans available to states and local governments from federal funds. These loans would be used for building and repairing capital projects and paying off existing debt; and WHEREAS, If federal legislation is properly written and imple- mented, the sovereignty proposal has the potential of saving our citizens an enormous amount of taxes, building more of the needed infrastructure, increasing employment and reducing federal, state and local government deficit and debt; and WHEREAS, The state of Kansas has consistently supported legislation that has been in harmony with the needs of the federal government as well as the state and local governments; and WHEREAS, The necessary and legitimate services provided by fed- eral, state and local governments are not being met due to the lack of money; and WHEREAS, The American taxpayer is already heavily burdened with various taxes; and WHEREAS, The State of Kansas must from time to time issue bonds to finance capital projects that are necessary to ensure the health and welfare of its citizens; and WHEREAS, The State of Kansas recognizes that the cost of interest for bonds issued to fund capital projects is a great burden on its taxpayers: Now, therefore, Be it resolved by the House of Representatives of the State of Kansas, the Senate concurring therein: That we memorialize Congress to enact legislation to implement the sovereignty proposal; and Be it further resolved: That the secretary of state be directed to send enrolled copies of this resolution to each member of the Kansas con- gressional delegation.