Committee hears bill to create Aviation and Innovative Manufacturing program offering refundable credits and payroll retention
The House Commerce Committee heard testimony on HB 2308, the Aviation and Innovative Manufacturing in Kansas Act, a proposal to create a new state economic-development program that would offer refundable investment tax credits, retention of payroll withholding taxes, training reimbursements and sales-tax exemptions to attract electric- and hydrogen-powered vehicle producers, aircraft assemblers and related suppliers to Kansas.
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The House Commerce Committee heard testimony on HB 2308, the Aviation and Innovative Manufacturing in Kansas Act, a proposal to create a new state economic-development program that would offer refundable investment tax credits, retention of payroll withholding taxes, training reimbursements and sales-tax exemptions to attract electric- and hydrogen-powered vehicle producers, aircraft assemblers and related suppliers to Kansas.
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