Payment of bonds from contributions qualifying as tax credit, limitation

K.S.A. 76-791, under STATE EDUCATIONAL INSTITUTIONS; MANAGEMENT AND OPERATION.

K.S.A. 76-791

76-791. Payment of bonds from contributions qualifying as tax credit, limitation. Except for bonds issued pursuant to the postsecondary educational institution infrastructure finance program, no moneys received by a postsecondary educational institution as a contribution which qualifies as an income tax credit pursuant to law may be expended to pay for bonds or the interest on such bonds. History: L. 2007, ch. 200, § 15; May 24. Cross References to Related Sections: State educational institution long-term infrastructure maintenance program, see 76-7,101 et seq. Contributions which qualify as income tax credit, see 79-32,261.