Kansas Statutes
Article 25 - Compacts Between Missouri And Kansas
12-2527 Same; tax status of property owned or held and of securities issued.

12-2527. Same; tax status of property owned or held and of securities issued. All property, real and personal, owned or held by the Kansas City area transportation authority, and all interest income derived from any notes, bonds or other instruments in writing issued by said authority, shall possess the same status, with respect to taxation in the state of Kansas, as is now or may hereafter be possessed by property, real and personal, owned or held by cities, with said state of Kansas, and by the interest income derived from notes, bonds or other instruments in writing issued by such cities.
History: L. 1965, ch. 115, ยง 4; June 30.

Structure Kansas Statutes

Kansas Statutes

Chapter 12 - Cities And Municipalities

Article 25 - Compacts Between Missouri And Kansas

12-2514 Mo-Kan metropolitan development district and agency compact; commissioners.

12-2515 Same; filing when signed.

12-2516 Same; filling of vacancies.

12-2517 Same; approval by congress.

12-2518 Commissioners of Mo-Kan development agency; appointments; qualifications.

12-2519 Same; terms of office.

12-2520 Same; vacancies.

12-2521 Same; compensation; expenses.

12-2522 Same; powers and duties.

12-2523 Same; advisory councils.

12-2524 Kansas City area transportation district and authority compact; commissioners.

12-2525 Same; filing when signed.

12-2526 Same; approval of congress.

12-2527 Same; tax status of property owned or held and of securities issued.

12-2528 Same; securities as lawful investment.

12-2529 Commissioners of Kansas City area transportation authority; vacancies.

12-2530 Same; qualifications.

12-2531 Same; term of office; term limitations.

12-2532 Same; compensation and expenses.

12-2533 Same; powers and duties.

12-2534 Same; additional powers of the authority.

12-2535 Kansas City area transportation district and authority; tax levy, use of proceeds; protest petition and election.

12-2536 Kansas and Missouri metropolitan culture district compact; text of compact.

12-2537 Same; applicability of Kansas tort claims act.

12-2538 Same; Kansas commissioners, expenses.

12-2539 Same; retailers' sales tax levy; rate; administration, enforcement and collection; use of proceeds; expiration, when.

12-2540 Same; expiration upon nullification and voidance.