Session of 2000
HOUSE BILL No. 3053
By Committee on Appropriations
4-26
10 AN ACT
concerning the state institutions building fund; debt service
on
11 revenue bonds for
certain capital improvement projects; amending
12 K.S.A. 76-6b05 and
repealing the existing section.
13
14 Be it enacted by the Legislature of the
State of Kansas:
15 Section
1. K.S.A. 76-6b05 is hereby amended to read as follows:
76-
16 6b05. (a) All moneys received by the
state treasurer under K.S.A. 76-
17 6b04, and amendments thereto, shall
be credited to the state institutions
18 building fund, which is hereby created
in the state treasury, to be appro-
19 priated by the legislature as
needed used for the construction, reconstruc-
20 tion, equipment and repair of buildings and
grounds at institutions spec-
21 ified in K.S.A. 76-6b04, and amendments
thereto, and for payment of
22 debt service on revenue bonds issued to
finance such projects, all subject
23 to appropriation by the
legislature.
24 (b) Subject to
any restrictions imposed by appropriation acts, the ju-
25 venile justice authority is authorized
to pledge funds appropriated to it
26 from the state institutions building
fund or from any other source and
27 transferred to a special revenue fund of
the juvenile justice authority spec-
28 ified by statute for the payment of debt
service on revenue bonds issued
29 for the purposes set forth in subsection
(a). Subject to any restrictions
30 imposed by appropriation acts, the
juvenile justice authority is also au-
31 thorized to pledge any funds
appropriated to it from the state institutions
32 building fund or from any other source
and transferred to a special rev-
33 enue fund of the juvenile justice
authority specified by statute as a priority
34 for the payment of debt service on such
revenue bonds. Neither the state
35 or the juvenile justice authority shall
have the power to pledge the faith
36 and credit or taxing power of the state
of Kansas for such purposes and
37 any payment by the juvenile justice
authority for such purposes shall be
38 subject to and dependent on
appropriations being made from time to time
39 by the legislature. Any obligation of
the juvenile justice authority for pay-
40 ment of debt service on revenue bonds
and any such revenue bonds issued
41 for the purposes set forth in subsection
(a) shall not be considered a debt
42 or obligation of the state for the
purpose of section 6 of article 11 of the
43 constitution of the state of
Kansas.
2
1 Sec. 2. K.S.A. 76-6b05 is
hereby repealed.
2 Sec. 3. This act
shall take effect and be in force from and after its
3 publication in the Kansas
register.