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Legislative staff lists nearly 100 state economic development programs; flags complexity and overlap
Summary
Eric Adele of the Kansas Legislative Research Department gave the committee a cataloged review of roughly 100 state economic development incentives, describing program categories, how major programs work (Apex, HPIP, PEAK, Angel investor and aviation credits), and noting varied administration and reporting across agencies.
Eric Adele, economist with the Kansas Legislative Research Department, presented committee members with an annotated inventory of roughly 100 state economic development programs and incentives on Sept. 24, grouping them into workforce development, business and industry development, infrastructure and community development categories.
Adele walked lawmakers through flagship programs: Apex (Attracting Powerful Economic Expansion), which gives refundable investment tax credits, payroll rebates, sales tax exemptions and training/relocation reimbursements to…
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