CHAPTER 163
HOUSE Substitute for SENATE BILL No. 40
An Act concerning the state institutions building fund; debt
service on revenue bonds for
certain capital improvement projects; amending K.S.A. 76-6b05 and
repealing the ex-
isting section.
Be it enacted by the Legislature of the State of Kansas:
Section 1. K.S.A. 76-6b05 is hereby
amended to read as follows: 76-
6b05. (a) All moneys received by the state treasurer under
K.S.A. 76-
6b04, and amendments thereto, shall be credited to the state
institutions
building fund, which is hereby created in the state
treasury, to be appro-
priated by the legislature as needed used
for the construction, reconstruc-
tion, equipment and repair of buildings and grounds at institutions
spec-
ified in K.S.A. 76-6b04, and amendments thereto, and for payment
of
debt service on revenue bonds issued to finance such projects,
all subject
to appropriation by the legislature.
(b) Subject to any restrictions
imposed by appropriation acts, the ju-
venile justice authority is authorized to pledge funds
appropriated to it
from the state institutions building fund or from any other
source and
transferred to a special revenue fund of the juvenile justice
authority spec-
ified by statute for the payment of debt service on revenue
bonds issued
for the purposes set forth in subsection (a). Subject to any
restrictions
imposed by appropriation acts, the juvenile justice authority is
also au-
thorized to pledge any funds appropriated to it from the state
institutions
building fund or from any other source and transferred to a
special rev-
enue fund of the juvenile justice authority specified by statute
as a priority
for the payment of debt service on such revenue bonds. Neither
the state
or the juvenile justice authority shall have the power to pledge
the faith
and credit or taxing power of the state of Kansas for such
purposes and
any payment by the juvenile justice authority for such purposes
shall be
subject to and dependent on appropriations being made from time
to time
by the legislature. Any obligation of the juvenile justice
authority for pay-
ment of debt service on revenue bonds and any such revenue bonds
issued
for the purposes set forth in subsection (a) shall not be
considered a debt
or obligation of the state for the purpose of section 6 of
article 11 of the
constitution of the state of Kansas.
Sec. 2. K.S.A. 76-6b05 is hereby repealed.
Sec. 3. This act shall take effect and be in force
from and after its
publication in the Kansas register.
Approved May 16, 2000.
Published in the Kansas Register May 25, 2000.
__________