HB 2411--
Session of 1997
By Representatives Larkin and Sawyer, Burroughs, Correll, Dillon, Fin- dley, Garner, Gilbert, Grant, Johnston, Kuether, E. Peterson, Phelps, Reardon and Ruff

11 AN ACT relating to property taxation; concerning exemption from the 12 levy financing school districts. 13 14 Be it enacted by the Legislature of the State of Kansas: 15 Section 1. For all taxable years commencing after December 31, 16 1996, the following described property, to the extent herein specified, 17 shall be and is hereby exempt from the property tax levied pursuant to 18 the provisions of K.S.A. 1996 Supp. 72-6431, and amendments 19 thereto: All real property described for assessment rate purposes by 20 subclasses (1), (2) and (6) of class 1 of section 1 of article 11 of the Kansas 21 constitution, to the extent of $20,000 of its appraised valuation. 22 Sec. 2. This act shall take effect and be in force from and after its 23 publication in the statute book.