76-823. Exemption from taxation. The exercise of the powers granted under this act will be in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity and for the improvement of their health and living conditions, and as the operation and maintenance of the medical center with the project by the board will constitute the performance of an essential governmental function, the board shall not be required to pay any taxes or assessments upon any of its property constituting a part of the medical center or the project levied by the state or by any municipality, county, political subdivision or other public agency of the state, and any bonds issued under this act, their transfer and the income therefrom (including any profit made on the sale thereof) shall at all times be free from taxation by the state and any municipality, county, political subdivision or other public agency of the state.
History: L. 1973, ch. 380, § 14; L. 2010, ch. 44, § 34; July 1.
Structure Kansas Statutes
Chapter 76 - State Institutions And Agencies; Historical Property
Article 8 - University Of Kansas Medical Education And Clinical Facilities And Personnel
76-812 General powers of board of regents; rules and regulations.
76-813 Credit of state or political subdivision not pledged.
76-814 Execution and performance of certain contracts.
76-815 Revenue bonds; terms; disposition of excess funds.
76-817 Revenues and other moneys; fees, tuition, rents and charges.
76-818 Bond proceeds and other moneys deemed trust funds; use; investment.
76-820 Negotiability of bonds.
76-821 Bonds eligible for investment.
76-822 Revenue refunding bonds.
76-823 Exemption from taxation.
76-824 Statutory construction.
76-830 Payment and computation of repayment amounts.
76-835 Midwest stem cell therapy center; powers, duties and functions.
76-836 Same; appointment and duties of director; annual report to legislature.
76-837 Same; midwest stem cell therapy center fund.
76-838 Same; advisory board; members; duties and compensation.
76-839 Same; no embryonic stem cells or fetal tissue cells used.