reglab/housing_qa huggingface dataset:
KS Stat § 75-4284 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4284 Same; definitions.

75-4284. Same; definitions. As used in the Kansas extraordinary utility costs loan deposit program:(a) "Director of investments" means the person appointed as the director of investments pursuant to K.S.A. 75-4222, and amendments thereto;(b) "eligible borrower" means any wholesale natural gas customer located in the state of Kansas that incurs extraordinary natural gas costs due to the extreme winter weather event of February 2021 and is not an individual obtaining a loan for personal, family or household purposes; and(c) "eligible lending institution" means a financial institution that is:(1) A bank, as defined under K.S.A. 75-4201, and amendments thereto, that agrees to participate in the program and is eligible to be a depository of state funds;(2) a credit union, as defined under K.S.A. 17-2231, and amendments thereto, that agrees to participate in the program and that provides securities acceptable to the pooled money investment board pursuant to article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto; or(3) an institution of the farm credit system organized under the federal farm credit act of 1971, 12 U.S.C. § 2001, as in effect on the effective date of this act, having at least one branch in the state of Kansas and that agrees to participate in the program and that provides securities acceptable to the pooled money investment board pursuant to article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto.(d) "extraordinary utility costs loan deposit" means an investment account placed by the director of investments under the provisions of article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto, with an eligible lending institution for the purpose of carrying out the intent of the Kansas extraordinary utility costs loan deposit program;(e) "extraordinary utility costs loan deposit loan" or "loan" means a loan made by an eligible lending institution to an eligible borrower from the eligible lending institution's extraordinary utility cost loan deposit as part of the Kansas extraordinary utility costs loan deposit program;(f) "extraordinary utility costs loan deposit loan package" means the forms provided by the state treasurer for the purpose of applying for an extraordinary utility costs loan deposit;(g) "extraordinary utility costs loan deposit program" or "program" means a state-administered program in which eligible lenders are charged less than the market rate of interest and eligible borrowers receive a reduction in interest charged on a loan in the amount of the deposit;*History: L. 2021, ch. 87, § 2; April 29.
KS Stat § 75-4285 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4285 Same; administration by state treasurer; purpose; limitation; school districts eligible; rules and regulations; annual report; review by legislature.

75-4285. Same; administration by state treasurer; purpose; limitation; school districts eligible; rules and regulations; annual report; review by legislature. (a) (1) The state treasurer is hereby authorized to administer the Kansas extraordinary utility costs loan deposit program.(2) The program shall be for the purpose of providing incentives for the making of loans to eligible borrowers for extraordinary natural gas costs incurred during the extreme winter weather event of February 2021.(3) The total aggregate amount of extraordinary utility costs loan deposit loans under the program shall not exceed the amount of unencumbered funds pursuant to article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto, certified by the state treasurer and directed to be reinvested pursuant to K.S.A. 2021 Supp. 75-4299, and amendments thereto.(4) (A) Notwithstanding the provisions of any statute to the contrary, a school district, as defined in K.S.A. 72-6486, and amendments thereto, that is an eligible borrower is hereby authorized to enter into loan agreements under the program. (B) The provisions and restrictions of the cash basis and budget laws of this state shall not apply to any loan received by a school district under the program. (C) To the extent that any of the provisions of  K.S.A. 2021 Supp. 75-4283 through 75-4289, and amendments thereto, conflict with the provisions of chapter 72 of the Kansas Statutes Annotated, and amendments thereto, the provisions of  K.S.A. 2021 Supp. 75-4283 through 75-4289, and amendments thereto, shall control.(D) Any loan made to a school district under the program shall not be considered bonded indebtedness for the purpose of any statute imposing a limitation on indebtedness of a school district. (b) The state treasurer shall adopt all rules and regulations necessary to enact and administer the provisions of the Kansas extraordinary utility costs loan deposit program. Such rules and regulations shall be adopted not later than February 1, 2022.(c) The state treasurer shall submit an annual report to the governor and the legislature identifying the eligible lending institutions that are participating in the program and the eligible borrowers who have received an extraordinary utility costs loan deposit loan. The annual report shall provide the aggregate amount of moneys loaned and the amount of moneys still available for loan, if any. Such report shall be due on or before January 1, 2023, and each January 1 thereafter.(d) The legislature shall perform a review of the program as a part of the state treasurer's annual report on or after January 1, 2024.History: L. 2021, ch. 87, § 3; April 29.
KS Stat § 75-4286 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4286 Same; extraordinary utility costs loan deposit loan packages; participation in program; requirements.

75-4286. Same; extraordinary utility costs loan deposit loan packages; participation in program; requirements. (a) The state treasurer is hereby authorized to disseminate information and to provide extraordinary utility costs loan deposit loan packages to the lending institutions eligible for participation in the Kansas extraordinary utility costs loan deposit program.(b) The extraordinary utility costs loan deposit loan package shall be completed by the eligible borrower before being forwarded to the lending institution for consideration.(c) (1) An eligible lending institution that agrees to receive an extraordinary utility costs loan deposit shall accept and review applications for loans from eligible borrowers.(2) The lending institution shall apply all usual lending standards to determine the creditworthiness of eligible borrowers.(3) No single extraordinary utility costs loan deposit loan shall exceed $500,000.(4) Only one extraordinary utility costs loan deposit loan shall be made and be outstanding at any one time to any eligible borrower.(5) No loan shall be amortized for a period of more than three years.(d) An eligible borrower shall certify on the loan application that the reduced rate loan will be used exclusively for the expenses involved in the borrower's utility costs in Kansas incurred during the extreme winter weather event of February 2021.(e) The eligible lending institution may approve or reject an extraordinary utility costs loan deposit loan package based on the lending institution's evaluation of the eligible borrowers included in the package, the amount of the individual loan in the package and other appropriate considerations. (f) The eligible lending institution shall forward to the state treasurer an approved extraordinary utility costs loan deposit loan package in the form and manner prescribed and approved by the state treasurer. The package shall include information regarding the amount of the loan requested by each eligible borrower and such other information regarding each eligible borrower that the state treasurer may require. Such package shall include a certification by the applicant that such applicant is an eligible borrower.History: L. 2021, ch. 87, § 4; April 29.
KS Stat § 75-4287 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4287 Same; procedures of state treasurer; agreement requirements.

75-4287. Same; procedures of state treasurer; agreement requirements. (a) The state treasurer may accept or reject an extraordinary utility costs loan deposit loan package based on the state treasurer's evaluation of whether the loan to the eligible borrower meets the requirements of the Kansas extraordinary utility costs loan deposit program. If sufficient funds are not available for an extraordinary utility costs loan deposit, then the applications may be considered in the order received when funds are once again available, subject to a review by the lending institution. The fact that an eligible borrower received a loan under the Kansas economic recovery loan deposit program shall not preclude such eligible borrower from receiving a loan under this program.(b) Upon acceptance, the state treasurer shall certify to the director of investments the amount required for such extraordinary utility costs loan deposit loan package, and the director of investments shall place an extraordinary utility costs loan deposit in the amount certified by the state treasurer with the eligible lending institution at an interest rate that is 2% below the market rate as provided in K.S.A. 75-4237, and amendments thereto, and that shall be recalculated on the first business day of January of each year using the market rate then in effect. The minimum interest rate shall be 0.25% if the market rate is below 2.25%. When necessary, the state treasurer may request the director of investments to place such extraordinary utility costs loan deposit with the eligible lending institution prior to acceptance of an extraordinary utility costs loan deposit loan package.(c) The eligible lending institution shall enter into an extraordinary utility costs loan deposit agreement with the state treasurer. Such agreement shall include requirements necessary to implement the purposes of the Kansas extraordinary utility costs loan deposit program. Such requirements shall include an agreement by the eligible lending institution to lend an amount equal to the extraordinary utility costs loan deposit to eligible borrowers at an interest rate that is not more than 3% greater than the interest rate on extraordinary utility costs loan deposits as provided in subsection (b). Such rate shall be recalculated on the first business day of January of each year using the market rate then in effect. The agreement shall include provisions for the extraordinary utility costs loan deposit to be placed for a period of time not to exceed three years and that is considered appropriate in coordination with the underlying extraordinary utility costs loan. The agreement shall include provisions for the reduction of the extraordinary utility costs loan deposit in an amount equal to any payment of loan principal by the eligible borrower.History: L. 2021, ch. 87, § 5; April 29.
KS Stat § 75-4288 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4288 Same; funding of loans; rate of loans.

75-4288. Same; funding of loans; rate of loans. Upon the placement of an extraordinary utility costs loan deposit with an eligible lending institution, the institution shall fund the loan to each approved eligible borrower listed in the extraordinary utility costs deposit loan package in accordance with the extraordinary utility costs loan deposit agreement between the institution and the state treasurer. The loan shall be at a rate as provided in K.S.A. 2021 Supp. 75-4287(c), and amendments thereto. A certification of compliance with this section in the form and manner as prescribed by the state treasurer shall be required of the eligible lending institution.History: L. 2021, ch. 87, § 6; April  29.
KS Stat § 75-4289 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4289 Same; state and state treasurer not liable to lending institution.

75-4289. Same; state and state treasurer not liable to lending institution. The state of Kansas and the state treasurer shall not be liable to any eligible lending institution in any manner for payment of the principal or interest on any extraordinary utility costs loan deposit loan to an eligible borrower. Any delay in payments or default by an eligible borrower does not in any manner affect the extraordinary utility costs loan deposit agreement between the eligible lending institution and the state treasurer.History: L. 2021, ch. 87, § 7; April 29.
KS Stat § 75-4290 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4290 Kansas economic recovery loan deposit program; citation.

75-4290. Kansas economic recovery loan deposit program; citation. (a) K.S.A. 2021 Supp. 75-4290 through 75-4296, and amendments thereto, shall be known and may be cited as the Kansas economic recovery loan deposit program.(b) The Kansas economic recovery loan deposit program shall be a part of and supplemental to article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto.History: L. 2021, ch. 87, § 8; April 29.
KS Stat § 75-4291 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4291 Same; definitions.

75-4291. Same; definitions. As used in the Kansas economic recovery loan deposit program:(a) "Director of investments" means the person appointed as the director of investments pursuant to K.S.A. 75-4222, and amendments thereto;(b) "economic recovery loan deposit" means an investment account placed by the director of investments under the provisions of article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto, with an eligible lending institution for the purpose of carrying out the intent of the Kansas economic recovery loan deposit program;(c) "economic recovery loan deposit loan" or "loan" means a loan made by an eligible lending institution to an eligible borrower from the eligible lending institution's economic recovery loan deposit as part of the economic recovery loan deposit program;(d) "economic recovery loan deposit loan package" means the forms provided by the state treasurer for the purpose of applying for an economic recovery loan deposit;(e) "economic recovery loan deposit program" or "program" means a state-administered program in which eligible lenders are charged less than the market rate of interest and eligible borrowers receive a reduction in interest charged on a loan in the amount of the deposit;(f) "eligible borrower" means any individual or entity operating a business primarily for commercial or agricultural purposes with not more than 200 full-time employees maintaining offices or operating facilities and transacting business in the state of Kansas and is not an individual obtaining a loan primarily for personal, family or household purposes; and(g) "eligible lending institution" means a financial institution that is:(1) A bank, as defined under K.S.A. 75-4201, and amendments thereto, that agrees to participate in the program and is eligible to be a depository of state funds;(2) a credit union, as defined under K.S.A. 17-2231, and amendments thereto, that agrees to participate in the program and that provides securities acceptable to the pooled money investment board pursuant to article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto; or(3) an institution of the farm credit system organized under the federal farm credit act of 1971, 12 U.S.C. § 2001, as in effect on the effective date of this act, having at least one branch in the state of Kansas, that agrees to participate in the program and that provides securities acceptable to the pooled money investment board pursuant to article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto.History: L. 2021, ch. 87, § 9; April 29.
KS Stat § 75-4292 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4292 Same; administration by state treasurer; purpose; limitation; rules and regulations; annual report; review by legislature.

75-4292. Same; administration by state treasurer; purpose; limitation; rules and regulations; annual report; review by legislature. (a) (1) The state treasurer is hereby authorized to administer the Kansas economic recovery loan deposit program.(2) The program shall be for the purpose of providing incentives for the making of business loans.(3) The total aggregate amount of economic recovery loan deposit loans under the program shall not exceed $60,000,000 of unencumbered funds pursuant to article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto.(b) The state treasurer shall adopt all rules and regulations necessary to implement and administer the provisions of the Kansas economic recovery loan deposit program. Such rules and regulations shall be adopted not later than February 1, 2022.(c) The state treasurer shall submit an annual report to the governor and the legislature identifying the eligible lending institutions that are participating in the program and the eligible borrowers who have received an economic recovery loan deposit loan. The annual report shall provide the aggregate amount of moneys loaned and the amount of moneys still available for loan, if any. Such report shall be due on or before January 1, 2023, and each January 1 thereafter.(d) The legislature shall perform a review of the program as a part of the state treasurer's annual report on or after January 1, 2024.History: L. 2021, ch. 87, § 10; April 29.
KS Stat § 75-4293 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4293 Same; economic recovery loan deposit loan packages; participation in program; requirements.

75-4293. Same; economic recovery loan deposit loan packages; participation in program; requirements. (a) The state treasurer is hereby authorized to disseminate information and to provide economic recovery loan deposit loan packages to the lending institutions eligible for participation in the Kansas economic recovery loan deposit program.(b) The economic recovery loan deposit loan package shall be completed by the eligible borrower before being forwarded to the lending institution for consideration.(c) (1) An eligible lending institution that agrees to receive an economic recovery loan deposit shall accept and review applications for loans from eligible borrowers.(2) The lending institution shall apply all usual lending standards to determine the creditworthiness of eligible borrowers.(3) No single economic recovery loan deposit loan shall exceed $250,000.(4) Only one economic recovery loan deposit loan shall be made and be outstanding at any one time to any eligible borrower.(5) No loan shall be amortized for a period longer than 10 years.(d) An eligible borrower shall certify on the loan application that the reduced rate loan will be used exclusively for the expenses involved in operating the borrower's business in Kansas.(e) The eligible lending institution may approve or reject an economic recovery loan deposit loan package based on the lending institution's evaluation of the eligible borrowers included in the package, the amount of the individual loan in the package and other appropriate considerations. (f) The eligible lending institution shall forward to the state treasurer an approved economic recovery loan deposit loan package in the form and manner prescribed and approved by the state treasurer. The package shall include information regarding the amount of the loan requested by each eligible borrower and such other information regarding each eligible borrower that the state treasurer may require. Such package shall include a certification by the applicant that such applicant is an eligible borrower.History: L. 2021, ch. 87, § 11; April 29.
KS Stat § 75-4294 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4294 Same; procedures of state treasurer; agreement requirements.

75-4294. Same; procedures of state treasurer; agreement requirements. (a) The state treasurer may accept or reject an economic recovery loan deposit loan package based on the state treasurer's evaluation of whether the loan to the eligible borrower meets the requirements of the Kansas economic recovery loan deposit program. If sufficient funds are not available for an economic recovery loan deposit, then the applications may be considered in the order received when funds are once again available, subject to a review by the lending institution. The fact that an eligible borrower received a loan under the Kansas extraordinary utility costs loan deposit program shall not preclude such eligible borrower from receiving a loan under this program.(b) Upon acceptance, the state treasurer shall certify to the director of investments the amount required for such economic recovery loan deposit loan package, and the director of investments shall place an economic recovery loan deposit in the amount certified by the state treasurer with the eligible lending institution at an interest rate that is 2% below the market rate as provided in K.S.A. 75-4237, and amendments thereto, and that shall be recalculated on the first business day of January of each year using the market rate then in effect. The minimum interest rate shall be 0.25% if the market rate is below 2.25%. When necessary, the state treasurer may request the director of investments to place such economic recovery loan deposit with the eligible lending institution prior to acceptance of an economic recovery loan deposit loan package.(c) The eligible lending institution shall enter into an economic recovery loan deposit agreement with the state treasurer. Such agreement shall include requirements necessary to implement the purposes of the Kansas economic recovery loan deposit program. Such requirements shall include an agreement by the eligible lending institution to lend an amount equal to the economic recovery loan deposit to eligible borrowers at an interest rate that is not more than 3% greater than the interest rate on economic recovery loan deposits as provided in subsection (b). Such rate shall be recalculated on the first business day of January of each year using the market rate then in effect. The agreement shall include provisions for the economic recovery loan deposit to be placed for a period of time not to exceed 10 years that is considered appropriate in coordination with the underlying economic recovery loan. The agreement shall include provisions for the reduction of the economic recovery loan deposit in an amount equal to any payment of loan principal by the eligible borrower.History: L. 2021, ch. 87, § 12; April 29.
KS Stat § 75-4295 (2021)
2021 Kansas Statutes|Chapter 75 - State Departments; Public Officers And Employees|Article 42 - State Moneys|75-4295 Same; funding of loans; rate of loans.

75-4295. Same; funding of loans; rate of loans. Upon the placement of an economic recovery loan deposit with an eligible lending institution, the institution shall fund the loan to each approved eligible borrower listed in the economic recovery deposit loan package in accordance with the economic recovery loan deposit agreement between the institution and the state treasurer. The loan shall be at a rate as provided in K.S.A. 2021 Supp. 75-4294(c), and amendments thereto. A certification of compliance with this section in the form and manner as prescribed by the state treasurer shall be required of the eligible lending institution.History: L. 2021, ch. 87, § 13; April 29.