Session of 1998
SENATE BILL No. 644
By Senator Hensley
2-12
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AN ACT concerning state agencies; relating to
the issuance of bonds.
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11 Be it enacted by the Legislature of the
State of Kansas:
12 Section 1. (a) As
used in this section:
13 (1) ``Bonds'' means any
bonds, notes, debentures, interim certificates,
14 grant and revenue anticipation notes,
interest in a lease, lease certificate
15 of participation or other evidences of
indebtedness, whether or not the
16 interest on which is subject to federal
income taxation.
17 (2) ``State agency''
means any office, department, board, commission,
18 bureau, division, public corporation,
agency or instrumentality of the state
19 authorized to issue bonds.
20 (b) The proceeds from
bonds issued by a state agency shall not be
21 used to pay for the costs incurred for any
meals, travel expenses, lodging
22 expenses, entertainment or hospitality
incurred by any: (1) Officer or
23 employee of the state agency issuing the
bonds; (2) officer or employee
24 of any other state agency involved in the
issuance of such bonds; or (3)
25 other person providing services in the
issuance of such bonds.
26 Sec. 2. This act
shall take effect and be in force from and after its
27 publication in the statute book.
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