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Code · Kansas · Chapter 68 — Roads And Bridges

68-2326. Bonds tax exempt.

98 words·~1 min read·/ks/chapter-68/68-2326

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68-2326. Bonds tax exempt. The exercise of the powers granted by this act will be in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity and for the improvement of their health and living conditions; and as construction, improvement, replacement and maintenance of highway projects in the state will constitute the performance of essential governmental functions, all bonds and other debt instruments issued pursuant to the provisions of this act, and all income or interest therefrom, at all times shall be exempt from all taxes within the state.
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