National banking associations and banks and corporations holding stock therein; exemption from intangibles tax

79-1113. National banking associations and banks and corporations holding stock therein; exemption from intangibles tax. Shares, shares of stock or other evidence of ownership of national banking associations and banks located or doing business within the state, and all income therefrom and the shares, shares of stock or other evidence of ownership of corporations holding stock of a national banking association or bank located or doing business in Kansas, to the extent the income of such corporation is attributable to dividends received on such stock, and all income therefrom, shall be exempt from the tax imposed on moneys, notes and other evidences of debt by K.S.A. 79-3109 and any amendments thereof. History: L. 1963, ch. 463, § 8; L. 1970, ch. 390, § 2; July 1. Cross References to Related Sections: Tax credit for investment in stock of Kansas Venture Capital, Inc., see 74-8205. CASE ANNOTATIONS 1. Exemption from intangibles tax satisfies both Kansas and U.S. Constitutions. Von Ruden v. Miller, 231 Kan. 1, 2, 3, 4, 13, 14, 642 P.2d 91 (1982). Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026