Governor Laura Kelly signed four bipartisan bills into law to drive economic growth and strengthen Kansas’ economy. Senate Bills 65, 66, 90, and 124 are part of Governor Kelly’s Growth Agenda, a multifaceted legislative approach to improving Kansas’ ability to attract major businesses and strengthen our economy in accordance with the Framework for Growth strategic plan.
Each bill strengthens a specific area of Kansas economic development:
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SB 90 – This bill significantly expands the types of projects allowed in Kansas Rural Housing Incentive Districts (RHID) and enables the renovation into residential use (including vertical construction) of buildings and structures more than 25 years old on Kansas main streets and downtown districts. Any city with a population of less than 60,000 will be eligible for this program, regardless of county population. This program is essential in addressing housing shortages in rural Kansas in particular.
SB 124 – The STAR Bonds program in Kansas has been continued with major updates. This legislation establishes third-party feasibility studies to be engaged by Commerce, community engagement summary requirements, and other transparency measures. Updates also include measures to increase use of the program in rural areas. Finally, the program can now be used as a tool to recruit headquarters and major business facilities with the potential to attract sizable out-of-state visitation.
Source: Kansas Department of Commerce » Press Releases Category Feed
