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HB2292: Providing for food sales tax revenue replacement for STAR bond districts established prior to December 31, 2022, establishing the STAR bonds food sales tax revenue replacement fund, providing for transfers from the state general fund to such revenue replacement fund and transfers from such revenue replacement fund in the amount of food sales tax revenues lost to the applicable cities or counties and extending the sunset date of the STAR bonds financing act to July 1, 2031.
IntroducedHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill aims to replace lost food sales tax revenue for STAR bond districts established before December 31, 2022. It also extends the sunset date of the STAR bonds financing act.
Who This Affects
Kansas cities and counties that have STAR bond districts will be affected by this bill. These local governments will receive transfers from a new fund to replace lost food sales tax revenue.
Key Provisions
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Timeline
Introduced
Tuesday, February 4, 2025
Last Action
House Referred to Committee on Commerce, Labor and Economic Development
Feb 4, 2025
Sponsors
No sponsors listed.
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