KS HB2744 | 2023-2024 | Regular Session

Status

Spectrum: Committee Bill
Status: Introduced on February 7 2024 - 25% progression
Action: 2024-02-07 - House Referred to Committee on Commerce, Labor and Economic Development
Pending: House Commerce, Labor and Economic Development Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Establishing the transformation of passenger and freight vehicle industry act program to attract businesses engaged in electric motor vehicle and hydrogen-powered vehicle production by offering qualified companies that meet certain requirements an investment tax credit, retention of a percentage of total payroll tax, reimbursement of a percentage of eligible employee training and education expenses and a sales tax exemption for construction costs of the qualified company's qualified business facility.

Tracking Information

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Title

Establishing the transformation of passenger and freight vehicle industry act program to attract businesses engaged in electric motor vehicle and hydrogen-powered vehicle production by offering qualified companies that meet certain requirements an investment tax credit, retention of a percentage of total payroll tax, reimbursement of a percentage of eligible employee training and education expenses and a sales tax exemption for construction costs of the qualified company's qualified business facility.

Sponsors


History

DateChamberAction
2024-02-07HouseHouse Referred to Committee on Commerce, Labor and Economic Development
2024-02-07HouseHouse Introduced

Kansas State Sources


Bill Comments

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