12-17,150. Same; secretary of revenue, duties; report.
12-17,150
12-17,150. Same; secretary of revenue, duties;
report.
The secretary of revenue in connection with a redevelopment
project area for which sales, use and transient guest tax revenues are pledged
or otherwise intended to be used in whole or in part for the payment of bonds
issued to finance redevelopment project costs in such redevelopment project
area or a transportation development district for which a transportation
development district sales tax has been imposed, shall provide reports
identifying each retailer having a place of business in such redevelopment
district or transportation development district setting forth the tax liability
and the amount of such tax remitted by each retailer during the preceding month
and identifying each business location maintained by the retailer within such
city or county. Such report shall be made available to the bond trustee, escrow
agent or paying agent for such bonds within a reasonable time after it has been
requested from the director of taxation. The bond trustee, escrow agent or
paying agent shall keep such retailers' sales, use, transient guest and
transportation development district sales tax returns and the information
contained therein confidential, but may use such information for purposes of
allocating and depositing such sales, use, transient guest and transportation
development district sales tax revenues in connection with the bonds used to
finance redevelopment project costs in such redevelopment project area or used
to finance the costs of a project in a transportation development district.
Except as otherwise provided, the sales, use and transient guest tax returns
received by the bond trustee, escrow agent or paying agent shall be subject to
the provisions of K.S.A. 79-3614 and amendments thereto.
History: L. 2003, ch. 120, § 16; July 1.