12-147. Tax subdivisions authorized to enter into agreements with owners of tax exempt property for payments in lieu of taxes.
12-147
12-147. Tax subdivisions authorized to enter into agreements with
owners of tax exempt property for payments in lieu of taxes.
Every taxing subdivision of the state of Kansas is hereby authorized and
empowered to enter into contracts for the payment of service charges in
lieu of taxes, with the owner or owners of property which is exempt from
the payment of ad valorem taxes under the laws of the state of Kansas and
is further authorized to receive and expend revenue resulting therefrom in
the manner hereinafter provided.
History: L. 1969, ch. 81, § 1; July 1.