High Performance Incentive Program (Kansas)
Last modified on February 12, 2015.
|Applies to States or Provinces||Kansas|
|Name||High Performance Incentive Program (Kansas)|
|Policy Category||Financial Incentive|
|Policy Type||Corporate Tax Incentive|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy|
|Program Administrator||Kansas Department of Commerce|
High Performance Incentive Program provides tax incentives to eligible employers that pay above-average wages and have a strong commitment to skills development for their workers. A substantial investment tax credit for new capital investment in Kansas and a related sales tax exemption are the primary benefits of this program. HPIP offers employers four potential benefits: a 10 percent income tax credit for eligible capital investment that exceeds $50,000 at a company’s qualified business facility, a sales tax exemption to use in conjunction with the company’s eligible capital investment at its qualified business facility, a training tax credit of up to $50,000 or priority consideration for access to other business assistance programs offered through the State. Non-manufacturing companies must able to document that most of its sales are to Kansas manufacturers and/or out-of-state businesses or government agencies.
|Contact Name||Ed Bryan|
|Department||Kansas Department of Commerce|
|Division||High Performance Incentive Program|
|Address||1000 S.W. Jackson St., Suite 100, Topeka, KS, 6612|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||High Performance Incentive Program|