This bill amends existing Kansas statutes regarding the bonding authority of townships, specifically K.S.A. 80-113 and K.S.A. 80-1910. It increases the statutory limits on bonding authority based on the population of the township, allowing townships with populations of up to 5,000 to issue bonds not exceeding 1% of their assessed tangible valuation, those with populations between 5,000 and 10,000 to issue bonds up to 5%, and those with populations over 10,000 to issue bonds up to 10%. Additionally, the bill raises the limit on bonding authority for improvements to township fire departments and modifies the requirements for issuing such bonds, including the elimination of certain outdated language.

Furthermore, the bill specifies that the total amount of bonds issued under K.S.A. 80-1909 cannot exceed 5% of the assessed tangible valuation of all property in the township, and it extends the maturity period for these bonds from 15 to 20 years. The governing body of a township is granted the authority to levy taxes necessary to pay the principal and interest on these bonds. The bill repeals the previous versions of K.S.A. 80-113 and K.S.A. 80-1910, thereby updating the legal framework governing township bonding authority.

Statutes affected:
As introduced: 80-113, 80-1910, 80-104, 80-105
Enrolled: 80-113, 80-1910, 80-104, 80-105