March 19, 2024

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Kansas officers want assistance landing a $4 billion small business offer

Legislators are weighing a sweeping set of economic development incentives designed to target a major company reportedly considering a move to Kansas.

Kansas legislators are set to embark on a higher-stakes video game of “Deal or no Deal,” as lawmakers take into account the deserves of a sweeping set of financial development incentives intended to focus on a major corporation reportedly looking at shifting to the state.

But lawmakers is not going to probable have the complete slate of particulars available to them, which includes which business is considering a described $4 billion financial commitment in the point out and in which in Kansas they will identify to.

All those specifics will not likely be produced community both, even as the Division of Commerce pushed legislators to act on the incentives in advance of the finish of the thirty day period, leaving some legislators concerned they are not in the most effective interest of the point out.

“You know, we employed to speak about the backroom, shady, smoke-loaded space deals?” Sen. Caryn Tyson, R-Parker, said. “And this seems to be alongside these lines.”