Session of 2000
By Committee on Taxation

10             AN  ACT relating to property taxation; requiring certain actions relating
11             to the levying thereof; amending K.S.A. 1999 Supp. 79-2925b and re-
12             pealing the existing section.
14       Be it enacted by the Legislature of the State of Kansas:
15             Section  1. K.S.A. 1999 Supp. 79-2925b is hereby amended to read
16       as follows: 79-2925b. (a) Without adoption of a charter resolution or char-
17       ter ordinance so providing, the governing body of any taxing subdivision
18       shall not approve any appropriation or budget, as the case requires, which
19       may be funded by revenue produced from property taxes, and which
20       provides for funding with such revenue in an amount exceeding the prod-
21       uct of that of the next preceding year, except with regard to revenue
22       multiplied by a fraction the numerator of which is the average consumer
23       price index for all urban consumers published by the federal department
24       of labor as of the close of the 12-month period ending on August 31 of
25       the first calendar year preceding the appropriate budget year and the
26       denominator of which is such index as of such period ending on August
27       31 of the second calendar year preceding the appropriate budget year.
28       Revenue produced and attributable to the taxation of the following shall
29       not be considered in determining such amount: (1) New improvements
30       to real property;
31             (2) increased personal property valuation, other than increased val-
32       uation of oil and gas leaseholds and mobile homes;
33             (3) property located within added jurisdictional territory; and
34             (4) property which has changed in use.
35             (b) The provisions of this section shall be applicable to all fiscal and
36       budget years commencing on and after the effective date of this act.
37             (c) The provisions of this section shall not apply to community col-
38       leges or unified school districts.
39             (d) The provisions of this section shall not apply to revenue received
40       from property tax levied:
41             (1) Pursuant to the provisions of K.S.A. 1999 Supp. 72-6431, and
42       amendments thereto, and K.S.A. 1999 Supp. 72-6433, and amendments
43       thereto; and (2) for the sole purpose of repayment of the principal of and


  1       interest upon bonded indebtedness, temporary notes and no-fund
  2       warrants. 
  3       Sec.  2. K.S.A. 1999 Supp. 79-2925b is hereby repealed.
  4        Sec.  3. This act shall take effect and be in force from and after its
  5       publication in the statute book.