12-17,145. Same; sales tax; director of taxation, duties.
12-17,145
12-17,145. Same; sales tax; director of taxation,
duties.
(a) In addition to and notwithstanding any limitations on
the aggregate amount of the retailers' sales tax contained in K.S.A. 12-187
through 12-197, and amendments thereto, any municipality may impose a
transportation development district sales tax on the selling of tangible
personal property at retail or rendering or furnishing services taxable
pursuant to the provisions of the Kansas retailers' sales tax act, and
amendments thereto, within a transportation development district for purposes
of financing a project in such district in any increment of .10% or .25% not to
exceed 1% and pledging the revenue received therefrom to pay the bonds issued
for the project. Any transportation development district sales tax imposed
pursuant to this section shall expire after sufficient transportation
development sales tax has been received to pay the cost of the project or
no later than the date the bonds
issued
to finance such project or refunding bonds issued therefore shall mature.
Except as otherwise
provided by the provisions of
the act, and
amendments thereto, the tax authorized by this section shall be administered,
collected and subject to the provisions of K.S.A. 12-187 to 12-197, inclusive,
and amendments thereto.
(b) Upon receipt of a certified copy of the resolution or ordinance
authorizing the levy of the transportation development district sales tax
pursuant to this section, the state director of taxation shall cause such tax
to be collected in the district at the same time and in the same manner
provided for the collection of the state retailers' sales tax. All of the taxes
collected under the provisions of this act shall be remitted by the secretary
of revenue to the state treasurer in accordance with the provisions of
K.S.A 75-4215, and amendments thereto. Upon receipt of each such remittance,
the state treasurer shall deposit the entire amount in the state treasury to
the credit of the
transportation development
district sales tax fund, which fund is hereby established in the state
treasury. All moneys in the transportation development district sales tax fund
shall be remitted at least quarterly by the state treasurer, on instruction
from the secretary of revenue, to the treasurers of those municipalities which
are qualified to receive disbursements from such fund the amount collected
within such municipality. Any refund due on any transportation development
district sales tax collected pursuant to this section shall be paid out of the
transportation development district sales tax refund fund which is hereby
established in the state treasury and reimbursed by the director of taxation
from collections of the transportation development district sales tax
authorized by this section. Transportation development district sales tax
received by a municipality pursuant to this section shall be deposited in the
transportation development district sales tax fund created pursuant to
K.S.A. 2009 Supp.
12-17,148, and amendments thereto.
History: L. 2003, ch. 120, § 9;
L. 2005, ch. 130, § 4;
L. 2009, ch. 54, § 5; July 1.