Senate GOP Leaders Offer Kansas Jobs Bill

By: Associated Press
By: Associated Press

Stay up-to-date with KAKE News:

Friday, March 9, 2012

Senate Republican leaders are rolling out a proposal to create job growth in Kansas in manufacturing and bioscience industries.

The plan announced Friday includes targeted incentives for companies to build plants, produce goods and ship them out of Kansas. Companies would pay income taxes only on the portion of their sales that would occur inside Kansas.

The other portion would allow bioscience companies relocating to Kansas to be exempt from paying income taxes. It builds on the state's efforts to create jobs through investments by the Kansas Bioscience Authority.

Seventeen GOP senators have signed on to the proposal, including Senate President Steve Morris of Hugoton, Vice President John Vratil of Leawood and Majority Leader Jay Emler of Lindsborg.

Hearings on the proposal are scheduled in the Senate tax committee.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 142081613 -
Gray Television, Inc.