Incentives

State Incentives

Community Development Block Grant (CDBG) Program offers business financed grants that can be loaned to private businesses to provide gap financing that creates or retains permanent jobs.

Community Service Program (CSP) Tax Credit is for contributions made by business firms or individuals subject to Kansas income tax, Kansas privilege tax, or the premium tax or privilege fees imposed on insurance companies.

Renewable Energy Incentives are offered for various renewable energy initiatives throughout the state.

High Performance Incentive Program (HPIP) is a 10% income tax credit on capital investment, sales tax exemption, and a training tax credit up to $50,000.

Individual Development Account (IDA) Tax Credit Program allows administering organizations to provide Kansans of low-income levels the opportunity to achieve financial self-sufficiency through special savings accounts.

Kansas Industrial Retraining (KIR) includes several programs and services that make locating and expanding industry in the state easy, through training programs tailored to meet a business’s needs.

Private Activity Bonds (PABs) are federally tax-exempt bonds that may aid organizations in implementing community support projects.

Promoting Employment Across Kansas (PEAK) Program is a business incentive where companies may retain or be refunded 95% of the payroll withholding tax of qualified employees for new jobs created in Kansas.

Property Tax Abatement Assistance offers technical assistance for entities interested in economic and/or industrial revenue bond tax abatements on real estate property.

Rural Opportunity Zones (ROZ) are the 77 Kansas counties that are authorized to offer state income tax waivers and student loan repayments.

Sales Tax Revenue (STAR) Bonds are a financing tool allowing municipalities to issue bonds to finance the development of major commercial, entertainment, and tourism projects.

Work Opportunity Tax Credit (WOTC) is a federal tax credit available to employers for hiring individuals from certain target groups who have consistently faces significant barriers to employment.

Local Incentives

Benefit Districts are a financing and development tool whereby cities can issue general obligation bonds for construction of public improvements and assess the cost to properties that benefit.

Community Improvement District (CID)allows a commercial property owner to petition the City to levy special assessments or impose up to an additional 2% sales tax within a CID to fund eligible project costs.

Industrial Revenue Bonds (IRB)Local governments may provide a 50% tax abatement to new and existing businesses on real property investments if the project meets certain criteria.

Neighborhood Revitalization Area (NRA)was established to encourage reinvestment in the City’s Original Town.

Tax Increment Financing (TIF)is a development tool which allows cities to pay a portion of redevelopment costs for a new development which is located in the state Enterprise Zone, in a Blighted Area or a Conservation Area.

Transportation Development District (TDD)is a special taxing district whereby a petitioner of 100% of the landowners in an area request either the levy of special assessments or the imposition of a sales tax of up to 1% on goods and services sold within a given area.

Downtown Enhancement Districtis a special district offered by the City of Gardner offering tax rebates of 95% for 10 years on incremental additional property taxes assessed as a result of property improvements, within a specifically designated geographical area.