SESSION OF 2019
SUPPLEMENTAL NOTE ON HOUSE BILL NO. 2147
As Amended by House Committee of the Whole

Brief*
HB 2147, as amended, would extend the maximum
maturity on bonds issued to finance projects under the
Kansas Rural Housing Incentive District Act (Act) from 15
years to 25 years. The governing body of cities or counties
would be allowed to extend the maximum period for individual
projects authorized under the Act from 15 years to 25 years.

Background
The bill was introduced by the House Committee on
Commerce, Labor and Economic Development at the request
of Representative Tarwater on the behalf of the Kansas
Association of Realtors.
In the House Committee hearing, a representative of the
Kansas Association of Realtors and a real estate broker
spoke in favor of the bill, explaining the Act, which was
enacted in 1998, provides a means for cities and counties to
financially assist developers in building housing in rural
communities. By extending the maturity of the bonds,
proponents contended, more housing projects will become
financially viable and encourage affordable new housing.
No opponent or neutral testimony was provided.
The House Committee of the Whole amended the bill to
extend the length of time for cities or counties’ project plans
from 15 years to 25 years.
____________________
*Supplemental notes are prepared by the Legislative Research
Department and do not express legislative intent. The supplemental
note and fiscal note for this bill may be accessed on the Internet at
http://www.kslegislature.org
 According to the fiscal note prepared by the Division of
the Budget on the bill, as introduced, in consultation with the
Kansas Association of Counties and the League of Kansas
Municipalities, the bill would have a negligible fiscal effect on
local governments.


2- 2147


Statutes affected:
As introduced: 12-5248
{As Amended by House Committee of the Whole}: 12-5248, 12-5245, 12-5250