HB 2450--
Session of 1997
By Representative Weber

9 AN ACT relating to the heritage trust fund; concerning the funding there- 10 for; amending K.S.A. 1996 Supp. 79-3107b and repealing the existing 11 section. 12 13 Be it enacted by the Legislature of the State of Kansas: 14 Section 1. K.S.A. 1996 Supp. 79-3107b is hereby amended to read 15 as follows: 79-3107b. (a) Except as provided in subsection (b), the county 16 treasurer shall pay quarterly to the state treasurer, commencing on Oc- 17 tober 1, 1990, $.01 of each $.26 paid to the county treasurer during the 18 preceding calendar quarter from mortgage registration fees under K.S.A. 19 79-3101 to 79-3107, inclusive, and amendments thereto, and credited to 20 the county general fund under K.S.A. 79-3104 and amendments thereto. 21 All such moneys paid to the state treasurer shall be deposited in the state 22 treasury and credited to the heritage trust fund. 23 (b) No payments under subsection (a) shall be made by the county 24 treasurer to the state treasurer during any calendar year in excess of a 25 total of $100,000 $200,000. All moneys collected in excess of this amount 26 which under subsection (a) would be paid to the state treasurer shall be 27 credited to the county general fund. 28 Sec. 2. K.S.A. 1996 Supp. 79-3107b is hereby repealed. 29 Sec. 3. This act shall take effect and be in force from and after its 30 publication in the statute book.