Sub HB 2237 - Maintenance for State Colleges and Universities - Kansas Key Vote

Stage Details

Title: Maintenance for State Colleges and Universities

See How Your Politicians Voted

Title: Maintenance for State Colleges and Universities

Vote Smart's Synopsis:

Vote to adapt a conference report that provides funding for backlogged maintenance projects at public higher education institutions.

Highlights:

- Establishes the state educational institution long-term infrastructure maintenance program and fund for the purpose of reducing the backlog of maintenance projects (sec. 3-4). - Authorizes $90 million to be transferred from the statewide maintenance and disaster relief fund and the state general fund to the infrastructure maintenance fund over a five-year period from 2007 until 2011 (sec. 6-7). - Authorizes the Kansas development finance authority to issue bonds of up to $100 million over five years to finance the cost of maintenance projects, with interest costs covered by appropriations from the state general fund (sec. 12). - Provides a tax credit for contributions to maintenance projects of 60% for community and technical colleges and 50% for other designated postsecondary educational institutions (sec. 16).

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

See How Your Politicians Voted

Title: Maintenance for State Colleges and Universities

Vote Smart's Synopsis:

Vote to adapt a conference report that provides funding for backlogged maintenance projects at public higher education institutions.

Highlights:

- Establishes the state educational institution long-term infrastructure maintenance program and fund for the purpose of reducing the backlog of maintenance projects (sec. 3-4). - Authorizes $90 million to be transferred from the statewide maintenance and disaster relief fund and the state general fund to the infrastructure maintenance fund over a five-year period from 2007 until 2011 (sec. 6-7). - Authorizes the Kansas development finance authority to issue bonds of up to $100 million over five years to finance the cost of maintenance projects, with interest costs covered by appropriations from the state general fund (sec. 12). - Provides a tax credit for contributions to maintenance projects of 60% for community and technical colleges and 50% for other designated postsecondary educational institutions (sec. 16).

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

Title: Maintenance for State Colleges and Universities

Committee Sponsors

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