Session of 2000
         
HOUSE BILL No. 2853
         
By Committee on Taxation
         
2-3
         

  9             AN  ACT concerning political subdivision budget expenditures from rev-
10             enues produced by property tax levies; providing limitations thereon;
11             repealing K.S.A. 1999 Supp. 79-2925b.
12      
13       Be it enacted by the Legislature of the State of Kansas:
14             Section  1. (a) Whenever the governing body of any city, county,
15       township, municipal university, community college or any other political
16       subdivision which levies or certifies a levy of ad valorem property taxes
17       proposes the adoption of a budget of expenditures for any year to be
18       funded by the levy of ad valorem property taxes which exceed 103% of
19       the amount of ad valorem taxes levied in the next preceding year for such
20       purpose, it shall provide notice thereof in the notice required by K.S.A.
21       79-2929, and amendments thereto. If a petition containing the signatures
22       of not less than 10% of the registered voters of such taxing subdivision is
23       filed within 30 days after the date of the budget hearing required by
24       K.S.A. 79-2933, and amendments thereto, with the appropriate county
25       election officer, requesting an election on whether the budget shall be
26       funded by such increased ad valorem taxes, an election thereon shall be
27       conducted in the same manner as prescribed for elections under the mail
28       ballot election act, K.S.A. 25-431 et seq., and amendments thereto, except
29       that ballots may be sent to electors at any time not less than three days
30       preceding the date of the election. If such an election is held, no ad
31       valorem taxes shall be levied in excess of the amount levied to fund the
32       budget of expenditures for the next preceding year unless approved by a
33       majority of the electors voting in such election.
34             (b) The provisions of subsection (a) shall not apply to or limit the levy
35       of ad valorem taxes for the payment of principal and interest on bonds,
36       temporary notes and no-fund warrants or judgments rendered against any
37       such taxing subdivision. 
38       Sec.  2. K.S.A. 1999 Supp. 79-2925b is hereby repealed.
39        Sec.  3. This act shall take effect and be in force from and after its
40       publication in the statute book.