The Kansas Legislature has so far advanced the largest tax incentive program in state history as it competes for a mystery company’s $4 billion, 3 million square-foot advanced manufacturing facility — also raising questions about how much the state is willing to provide to chase national megaprojects. “There are a whole bunch of red flags,” said Nathan Jensen, a professor in the Department of Government at the University of Texas-Austin, who researches state and local economic development. The Kansas Department of Commerce is fast-tracking the new program, the Attracting Powerful Economic Expansion (APEX) bill, that would provide super-size subsidies to companies that invest at least $1 billion over five years.
Source: Wichita Business Journal
