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.
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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.


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  1        Sec.  3. This act shall take effect and be in force from and after its
  2       publication in the Kansas register.