High Performance Incentive Program (Kansas)

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Last modified on February 12, 2015.

EZFeed Policy

Place Kansas


   
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
Active Policy Yes

Implementing Sector State/Province



























Program Administrator Kansas Department of Commerce
Primary Website http://www.kansascommerce.com/index.aspx?NID=136



Last Review 2014-09-15



Summary

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.



Policy Contact

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



Phone 785-296-7174

Fax 785-296-3490
Email ebryan@kansascommerce.com
Website http://www.kansascommerce.com/index.aspx?NID=136
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: High Performance Incentive Program
Date Effective 2013



















References