72-6625. Property used in production of ethanol in Haskell county. - Kansas Statutes

72-6625

Chapter 72.--SCHOOLS Article 66.--SPECIAL PROVISIONS RELATING TO ASSESSED VALUATION AND TAXATION FOR SCHOOL DISTRICT PURPOSES

      72-6625.   Property used in production of ethanol inHaskell county.(a) As used in this section:

      (1)   "School district" means unified school district No. 507 and unifiedschool district No. 374.

      (2)   "Property" means the following described property, and improvementsthereon,comprised of 1,120 acres, more or less, located in Haskell county: All ofSection 34, Township29 South, Range 33 West and the West ½ of Section 3, Township 30 South,Range 33 West andthe Northeast Quarter of Section 3, Township 30 South, Range 33 West.

      (3)   "State aid" means general state aid, supplemental general state aid,capitalimprovements state aid, capital outlay state aid and any other state aid paid,distributed orallocated to school districts under the school district finance and qualityperformance act or otherlaw, and any other state aid paid, distributed or allocated to school districtson the basis of theassessed valuation of school districts.

      (b)   For the purposes of computing the assessed valuation of school districtsfor thepayment, distribution or allocation of state aid and the levying of schooltaxes, ½ of theassessed valuation of such property shall be assigned to each of the schooldistricts.

      (c)   The provisions of this section shall not apply if the property is not orceases to be usedfor the production of ethanol.

      History:   L. 2006, ch. 165, § 9; July 1.