72-53,127. Ad valorem tax exemptions not applicable. No ad valorem tax exemption for real or personal property granted after the effective date of this act by the board of tax appeals pursuant to the provisions of either: (a) Section 13 of article 11 of the constitution of the state of Kansas; or (b) K.S.A. 12-1740 et seq. and 79-201a Second or Twenty-Fourth, and amendments thereto, for any property purchased with the proceeds of revenue bonds shall be deemed to exempt any such property from the ad valorem property tax levied by a school district pursuant to the provisions of K.S.A. 72-53,113, and amendments thereto. The provisions of this section shall not apply to exemptions granted by the board of tax appeals when the associated resolution of intent, letter of intent or inducement resolution to issue revenue bonds and grant property tax abatement was approved by any governing body of any city or the board of commissioners of any county or the public hearing required by K.S.A. 79-251, and amendments thereto, was conducted prior to May 1, 2017.
History: L. 2017, ch. 95, ยง 52; July 1.
Structure Kansas Statutes
Article 53 - Capital Outlay State Aid
72-53,115 Capital outlay fund.
72-53,116 Capital outlay fund; use of moneys; investments authorized.
72-53,117 Authorization to issue bonds in lieu of tax levy; limitations.
72-53,118 Bonds outside debt limit.
72-53,119 Refraining from making authorized levy; effect.
72-53,120 Additional levy authorizations.
72-53,121 New authorization of levy.
72-53,122 New bond authorization when new levy authorized.
72-53,123 Validity of certain tax levies and bonds not affected.
72-53,124 Conflict with other laws, effect.
72-53,125 Construction of act; effect on certain resolutions.