Source: http://www.kslegislature.org/li/b2019_20/statute/079_000_0000_chapter/079_048_0000_article/079_048_0004_section/079_048_0004_k/
Timestamp: 2019-04-25 01:03:12
Document Index: 317639007

Matched Legal Cases: ['§ 4', '§ 16', '§ 3', '§ 102', '§ 32', '§ 17', '§ 4', '§ 32', '§ 24', '§ 167', '§ 130', '§ 280', '§ 115', '§ 249', '§ 242', '§ 127']

79-4804. Same; transfers to state economic development initiatives fund; authorized allocations and uses, accounts created; investment by director of investments, disposition of proceeds; transfers of moneys to state water plan fund. (a) After the transfer of moneys pursuant to K.S.A. 2018 Supp. 79-4806, and amendments thereto, an amount equal to 85% of the balance of all moneys credited to the state gaming revenues fund shall be transferred and credited to the state economic development initiatives fund. Expenditures from the state economic development initiatives fund shall be made in accordance with appropriations acts for the financing of such programs supporting and enhancing the existing economic foundation of the state and fostering growth through the expansion of current, and the establishment and attraction of new, commercial and industrial enterprises as provided by this section and as may be authorized by law and not less than 1/2 of such money shall be distributed equally among the congressional districts of the state. Except as provided by subsection (g), all moneys credited to the state economic development initiatives fund shall be credited within the fund, as provided by law, to an account or accounts of the fund which are created by this section.
(g) Except as provided further, in each fiscal year, the director of accounts and reports shall make transfers in equal amounts on July 15 and January 15 which in the aggregate equal $2,000,000 from the state economic development initiatives fund to the state water plan fund created by K.S.A. 82a-951, and amendments thereto. In state fiscal year 2019, the director of accounts and reports shall make transfers in equal amounts on July 15 and January 15 that in the aggregate equal $500,000 from the state economic development initiatives fund to the state water plan fund. No moneys shall be transferred from the state economic development initiatives fund to the state water plan fund on such dates during state fiscal year 2018 and state fiscal year 2020. No other moneys credited to the state economic development initiatives fund shall be used for: (1) Water-related projects or programs, or related technical assistance; or (2) any other projects or programs, or related technical assistance, which meet one or more of the long-range goals, objectives and considerations set forth in the state water resource planning act.
History: L. 1986, ch. 365, § 4; L. 1987, ch. 295, § 16; L. 1988, ch. 392, § 3; L. 1989, ch. 48, § 102; L. 1989, ch. 186, § 32; L. 1992, ch. 262, § 17; L. 1994, ch. 351, § 4; L. 1996, ch. 254, § 32; L. 2000, ch. 173, § 24; L. 2002, ch. 204, § 167; L. 2003, ch. 138, § 130; L. 2013, ch. 136, § 280; L. 2014, ch. 142, § 115; L. 2015, ch. 104, § 249; L. 2017, ch. 104, § 242; L. 2018, ch. 109, § 127; May 31.
2019. Powered by KLISS. Rendered: 2019-04-22T17:30:17. Head Rev No: 230936(E)