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SCS/SB 70 - This act modifies the BUILD tax credit by enabling a development agency or an entity working on behalf of the development agency to act in the same capacity as an "eligible industry" within the scope of the BUILD credit. Development agencies are a defined in existing statute and consist of governmental or quasi-governmental entities. Provides that nine hundred fifty thousand dollars shall be reserved for an approved project for a world headquarters of a business whose primary function is tax return preparation that is located in Kansas City. Currently, eligible industries receive benefits under the BUILD program. JASON ZAMKUS
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