Session of 1999
         
SENATE BILL No. 280
         
By Senators Hensley, Gilstrap, Gooch, Jones, Petty, Steineger and
         
Stephens
         
2-10
         

10             AN  ACT relating to property taxation; concerning the exemption of res-
11             idential property from the statewide school levy; amending K.S.A. 1998
12             Supp. 79-201x and repealing the existing section.
13      
14       Be it enacted by the Legislature of the State of Kansas:
15             Section  1. K.S.A. 1998 Supp. 79-201x is hereby amended to read as
16       follows: 79-201x. For taxable years 1998 and 1999 and 2000, the following
17       described property, to the extent herein specified, shall be and is hereby
18       exempt from the property tax levied pursuant to the provisions of K.S.A.
19       1998 Supp. 72-6431, and amendments thereto: Property used for resi-
20       dential purposes to the extent of $20,000 $40,000 of its appraised
21       valuation. 
22       Sec.  2. K.S.A. 1998 Supp. 79-201x is hereby repealed.
23        Sec.  3. This act shall take effect and be in force from and after its
24       publication in the statute book.