Bill Summary – FastDemocracy

Division of the Budget
Landon State Office Building                                                                          Phone: (785) 296-2436
900 SW Jackson Street, Room 504                                                                       larry.campbell@ks.gov
Topeka, KS 66612                                Division of the Budget                               http://budget.kansas.gov
Adam Proffitt, Director                                                                             Laura Kelly, Governor

                                                   February 5, 2021

          The Honorable Sean Tarwater, Chairperson
          House Committee on Commerce, Labor and Economic Development
          Statehouse, Room 151D-S
          Topeka, Kansas 66612
          Dear Representative Tarwater:
                    SUBJECT:      Fiscal Note for HB 2170 by House Committee on Commerce, Labor and
                                  Economic Development
                  In accordance with KSA 75-3715a, the following fiscal note concerning HB 2170 is
          respectfully submitted to your committee.
                  HB 2170 would amend the Kansas Rural Housing Incentive District Act by allowing any
          city or county, which has established a rural housing incentive district, to use bond funding to
          renovate buildings or other structures that are located in a central business district as approved by
          the Secretary of Commerce and are more than 25 years old, primarily for residential use.
          Certification of the age of the building or other structure would be submitted to the Secretary by
          the governing body of the city or county. Eligible residential improvements would include only
          improvements made to the second or higher floors of a building or other structure. Improvements
          for commercial purposes would not be eligible.
                  The Department of Commerce states that enactment of HB 2170 would not have a fiscal
          effect to agency operations. The League of Kansas Municipalities indicates enactment of the bill
          would have a fiscal effect to cities; however, the League does not have enough information to
          determine what the effect would be. The Kansas Association of Counties states enactment of the
          bill could result in an increase in valuation, which could help offset property taxes for other
          properties in a county or pay for necessary infrastructure surrounding the improvement.


                                                                Sincerely,

                                                                Adam Proffitt
                                                                Director of the Budget
          cc: Wendi Stark, League of Municipalities
              Sherry Rentfro, Department of Commerce
              Jay Hall, Association of Counties
Statutes affected: 
As introduced: 12-5249