75-4912. Issuance of bonds for purpose of matching federal funds for capital equipment purchases; limitations.

203 words·~1 min read·/ks/chapter-75/75-4912

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)The activities of the Kansas public broadcasting council in making grants to noncommercial public television stations and public radio stations serving Kansas for the purpose of providing money for the public television station or public radio station to match federal funds for capital equipment purchases with the proceeds of revenue bonds issued for such purpose by the Kansas development finance authority are hereby approved for the purposes of subsection

(b)of K.S.A. 74-8905 and amendments thereto and the authorization of the issuance of such bonds by the Kansas development finance authority in accordance with that statute except that no such bonds shall be issued unless the issuance of such bonds is specifically approved by an appropriation or other act of the legislature, other than this act. The provisions of subsection

(a)of K.S.A. 74-8905 and amendments thereto shall not prohibit the issuance of bonds for such purposes and any such issuance of bonds is exempt from the provisions of subsection

(a)of K.S.A. 74-8905 and amendments thereto. Bonds issued under this section shall be financed from moneys appropriated for the public television stations and public radio stations.