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2009 Kansas Code
Chapter 68 ROADS AND BRIDGES
Article 23 EXPRESS HIGHWAYS AND FREEWAYS
68-2309. Same; interest and income from bonds exempt from taxation, exception.

68-2309

Chapter 68.--ROADS AND BRIDGES
PART III.--MISCELLANEOUS
Article 23.--EXPRESS HIGHWAYS AND FREEWAYS

      68-2309.   Same; interest and income from bonds exempt from taxation, exception. The exercise of the powers granted by this act will be in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity and for the improvement of their health and living conditions; and as the construction, improvement and reconstruction of highway projects in the state will constitute the performance of essential governmental functions, all bonds issued pursuant to the provisions of this act, and all income or interest therefrom, at all times shall be exempt from all state taxes, except inheritance taxes.

      History:   L. 1972, ch. 252, § 8; Feb. 22.

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