Kansas § 2-3712 - Assessments; when required

§ 2-3712. Assessments; when required

2-3712. Assessments; when required. (a) If the unobligated principal balance of the Kansas agricultural remediation fund equals or exceeds $3,000,000 on April 1 of any year, the assessments imposed by K.S.A. 2-3713, and amendments thereto, shall not be levied on or after the next July 1. If the unobligated principal balance of the fund equals $1,000,000 or less on April 1 of any following year, the assessments imposed by K.S.A. 2-3713, and amendments thereto, shall again be levied on and after the next July 1.(b) The director of accounts and reports, not later than April 5 of each year, shall notify the board of the amount of the unobligated balance of the fund on April 1 of such year. Upon receipt of the notice, the board shall notify the secretary of agriculture, who shall notify fee payers under K.S.A. 2-3713, and amendments thereto, if the levy of assessments under that section will terminate or recommence on the following July 1.History: L. 2000, ch. 82, § 12; L. 2019, ch. 2, § 1; July 1.