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Witnesses tell Senate tax committee repeal of HPIP, PEAK and housing credits would threaten jobs and housing projects
Summary
At a Senate Tax Committee hearing, business and housing groups urged lawmakers not to eliminate HPIP and PEAK tax incentive programs or state affordable-housing tax credits, saying the programs have supported manufacturing expansions, job creation and large private investment across Kansas.
At a Senate Tax Committee hearing, business and housing groups urged lawmakers not to eliminate HPIP and PEAK tax incentive programs or state affordable-housing tax credits, saying the programs have supported manufacturing expansions, job creation and large private investment across Kansas.
Those testifying said the incentives helped keep existing companies and attracted new ones. "My name is Lisa Hack and I am the executive director of Leavenworth County Development Corporation," Hack said, describing her organization as a "non profit public private organization that does economic development for Leavenworth County." Hack told the committee 12 companies in Leavenworth County have used these programs, creating 339 new jobs and investing "over a…
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