10-310.   Computation of valuation for bonded indebtedness limitationpurposes.The county clerk shall add (1) the taxable value of each motor vehicle, asshown on the application for registration for the previous year or asotherwise established in the manner prescribed by K.S.A. 79-5105, andamendments thereto, and (2) the taxable value of motor vehicles establishedin the manner prescribed by K.S.A. 79-1022, and amendments thereto, to theequalized assessed tangible valuation on the tax roll of each taxingsubdivision in which such motor vehicle has acquired tax situs. Theresulting total shall constitute the equalized assessed tangible valuationof the taxing subdivision for the computation of limitations upon bondedindebtedness and for all other purposes except the levying of taxes and thecomputation of limitations thereon.

      History:   L. 1983, ch. 338, § 1;L. 1985, ch. 61, § 2; July 1.