Hundreds of millions of dollars, potentially even a billion, is about to start flowing into 77 of the most rural counties in Kansas. It’s all thanks to a revolutionary new Kansas law that will bring in money from all around the world. “Just like every community in Kansas, we need the economic help,” said Hesston Mayor David Kauffman. Kauffman said things have been tough for the small community. That’s why he was happy for the town to be the first-ever to benefit from the new bill. Kansas will be known as the FidFin industry, the fiduciary finance capital of the country and of the world,” said State Representative Stephen Owens. … Here’s how it works. It gives people the ability to take out a loan against assets like trust funds or other investments where, until now, you couldn’t legally borrow from in any state. A fee is paid on the transaction, and that money goes directly into rural communities.
Source: KAKE – News
