HB 1449 Prohibits the issuance of tax credits under specific programs if Kansas prohibits economic incentives for certain jobs that relocate to Kansas or requires Missouri to spend more than Kansas for economic development

Current Bill Summary

- Prepared by Senate Research -


HCS/HB 1449 - If Kansas prohibits tax credits or economic incentives for job creation or relocation for jobs that relocate to Kansas from a location in Missouri that is within thirty miles of the Kansas/Missouri border, this act prohibits tax credits from being issued under sections of law that create the Business Use Incentives for Large-Scale Development program, the New/Expanded Business Facility tax credit program, the Enterprise Zone tax benefit program, the Enhanced Enterprise Zone tax benefit program, the Business Extension Service Team Fund, the Quality Jobs program, and the Automotive Manufacturing Jobs Acts for jobs that relocate to Missouri from a location in Kansas that is within thirty miles of the Kansas/Missouri border.

This act requires the director of the Department of Economic Development to determine whether Kansas has enacted legislation that is substantially similar to this act. The director is required to notify the Revisor of Statutes within thirty days after August 28, 2014, of the director's determination. If the director determines that Kansas has not enacted substantially similar legislation, then a provision of law will become effective that requires Missouri to spend a dollar and fifty cents for promoting economic development in Jackson, Platte, Clay, and Cass counties for every dollar that Kansas spends in Johnson, Leavenworth, and Wyandotte counties.

EMILY KALMER


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