Kan. Stat. § 12-NEW

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 12-NEW - [Newly enacted section not yet numbered] [Effective 1/1/2026] [State 911 fund]
(a) There is hereby created in the state treasury the state 911 fund. All moneys received pursuant to K.S.A. 12-5368 and 12-5374, and amendments thereto, for purposes of such fund shall be deposited into the state 911 fund. All expenditures from the state 911 fund shall be made in accordance with appropriation acts upon warrants of the director of accounts and reports issued pursuant to vouchers approved by the chairperson of the state 911 board or the chairperson's designee.
(b) The state 911 fund shall be used for direct distributions of moneys pursuant to K.S.A. 12-5374, and amendments thereto.
(c) On or before the 10th of each month, the director of accounts and reports shall transfer from the state general fund to the state 911 fund interest earnings based on:
(1) The average daily balance of moneys in the state 911 fund for the preceding month; and
(2) the net earnings rate for the pooled money investment portfolio for the preceding month.
(d) The state 911 fund shall be used for the purposes set forth in this act and for no other governmental purposes. Moneys in the state 911 fund shall not be subject to the provisions of K.S.A. 75-3722, 75-3725a and 75-3726a, and amendments thereto.
(e) On January 1, 2026:
(1) The LCPA shall remit to the state treasurer in accordance with the provisions of K.S.A. 75-4215, and amendments thereto, the balance of all moneys in the 911 state fund established pursuant to K.S.A. 12-5368, and amendments thereto. Upon receipt of such remittance, the state treasurer shall deposit the entire amount in the state treasury and credit such amount to the state 911 fund.
(2) All liabilities of the 911 state fund are hereby transferred to and imposed on the state 911 fund.
(3) The 911 state fund established by the LCPA pursuant to K.S.A. 12-5368, and amendments thereto, is hereby abolished.
(f) The provisions of this section shall take effect and be in force on and after January 1, 2026.

K.S.A. 12-NEW

Added by L. 2024, ch. 53,§ 7, eff. 4/25/2024.