Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:74-50,133
Chapter Title:STATE BOARDS, COMMISSIONS AND AUTHORITIES
Article Title:DEPARTMENT OF COMMERCE
Tax Type:Kansas Retailers' Sales Tax; Corporate Income Tax; Individual Income Tax; Privilege
Brief Description:High performance incentive fund created; matching grants provided
for training programs; preference for qualified firms.
Keywords:


Body:

74-50,133. High performance incentive fund created; matching grants provided for training programs; preference for qualified firms. There is hereby created within the department of commerce the "high performance incentive fund" to provide matching funds for business assistance and consulting services to qualified firms under the provisions of K.S.A. 74-50,131, and amendments thereto, that are entitled to a workforce training tax credit under the provisions of K.S.A. 74-50,132, and amendments thereto, or have received written approval for and are participating, at the time the funds are sought, in the Kansas industrial training, Kansas industrial retraining or state of Kansas investments in lifelong learning program, subject to appropriation of funds and program criteria, as hereinafter provided. The department of commerce may provide funds to qualified firms, on a matching basis, to pay up to 50% of such firm's costs of acquiring consulting services provided by the mid-America manufacturing technology center, or approved private consultants to assist in improving the firm's management, production processes or product or service quality. Qualified firms also shall receive priority consideration for any other business assistance programs administered by the department of commerce.

History: L. 1993, ch. 172, 5; L. 2003, ch. 154, 55; L. 2011, ch. 104, 13; July 1.



Date Composed: 01/19/2012 Date Modified: 01/19/2012

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