Session of 2000
SENATE BILL No. 673
By Committee on Ways and Means
4-26
9 AN ACT
concerning the state institutions building fund; debt service
on
10 revenue bonds for
certain capital improvement projects; amending
11 K.S.A. 76-6b05 and
repealing the existing section.
12
13 Section
1. K.S.A. 76-6b05 is hereby amended to read as follows:
76-
14 6b05. (a) All moneys received by the
state treasurer under K.S.A. 76-
15 6b04, and amendments thereto, shall
be credited to the state institutions
16 building fund, which is hereby created
in the state treasury, to be appro-
17 priated by the legislature as
needed used for the construction, reconstruc-
18 tion, equipment and repair of buildings and
grounds at institutions spec-
19 ified in K.S.A. 76-6b04, and amendments
thereto, and for payment of
20 debt service on revenue bonds issued to
finance such projects, all subject
21 to appropriation by the
legislature.
22 (b) Subject to
any restrictions imposed by appropriation acts, the ju-
23 venile justice authority is authorized
to pledge funds appropriated to it
24 from the state institutions building
fund or from any other source
25 and transferred to a special revenue
fund of the juvenile justice authority
26 specified by statute for the payment of
debt service on revenue bonds
27 issued for the purposes set forth in
subsection (a). Subject to any restric-
28 tions imposed by appropriation acts, the
juvenile justice authority is also
29 authorized to pledge any funds
appropriated to it from the state institu-
30 tions building fund or from any other
source and transferred to a special
31 revenue fund of the juvenile justice
authority specified by statute as a
32 priority for the payment of debt service
on such revenue bonds. Neither
33 the state or the juvenile justice
authority shall have the power to pledge
34 the faith and credit or taxing power of
the state of Kansas for such pur-
35 poses and any payment by the juvenile
justice authority for such purposes
36 shall be subject to and dependent on
appropriations being made from
37 time to time by the legislature. Any
obligation of the juvenile justice au-
38 thority for payment of debt service on
revenue bonds and any such rev-
39 enue bonds issued for the purposes set
forth in subsection (a) shall not be
40 considered a debt or obligation of the
state for the purpose of section 6 of
41 article 11 of the constitution of the
state of Kansas.
42 Sec. 2. K.S.A. 76-6b05 is hereby
repealed.
2
1 Sec. 3. This act
shall take effect and be in force from and after its
2 publication in the Kansas
register.