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KS SB7

Bill

Status

Passed

3/24/2025

Primary Sponsor

Local Government, Transparency and Ethics

Click for details

Origin

Senate

2025-2026 Regular Session

AI Summary

  • Townships with population up to 5,000 may issue general obligation bonds up to 1% of assessed tangible valuation for building reconstruction, repair, and equipment; townships with 5,001-10,000 population may issue up to 5%; townships over 10,000 may issue up to 10%

  • Fire department improvement bonds (under K.S.A. 80-1909) increase from 0.5% to 5% of assessed tangible valuation of all township property

  • Maximum maturity period for fire department bonds extends from 15 years to 20 years

  • Fire department bond debt limitations are separate from and in addition to any other bonded indebtedness limits imposed by law

  • Elections are still required before townships may issue bonds for building reconstruction, repair, and equipment

Legislative Description

Increasing the statutory limits on bonds issued by a township based on township population and purpose of the bond issuance.

Last Action

Senate Approved by Governor on Friday, March 21, 2025

3/24/2025

Committee Referrals

Local Government2/13/2025
Local Government, Transparency and Ethics1/15/2025

Full Bill Text

No bill text available