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Code · Kansas · Chapter 76 — State Institutions And Agencies; Historical Property

76-791. Payment of bonds from contributions qualifying as tax credit, limitation.

58 words·~1 min read·/ks/chapter-76/76-791

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76-791. Payment of bonds from contributions qualifying as tax credit, limitation. Except for bonds issued pursuant to the postsecondary educational institution infrastructure finance program, no moneys received by a postsecondary educational institution as a contribution which qualifies as an income tax credit pursuant to law may be expended to pay for bonds or the interest on such bonds.
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