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Minutes for SB90 - Committee on Commerce, Labor and Economic Development

Short Title

Extending the tax credit under the center for entrepreneurship act to financial institutions and increasing the annual tax credit limit for all contributors.

Minutes Content for Tue, Mar 12, 2019

Chairperson Tarwater recognized Charles Reimer, Assistant Revisor, Office of Revisor of Statutes, to give an overview of the bill.  Revisor Reimer responded to questions.

Appearing as proponents before the Committee were:

Alex Orel, SVP - Government Relations, Kansas Bankers Association (Attachment 2)

Steve Radley, President and CEO, Kansas Center for Entrepreneurship d.b.a. NetWork Kansas (Attachment 3), (Attachment 4), (Attachment 5)

Erik Pedersen, Vice President of Entrepreneurship, Kansas Center for Entrepreneurship d.b.a. NetWork Kansas (Attachment 6)

Justin Pregont, Assistant City Manager, City of Atchison (Attachment 7)

Conferees stood for questions.

Chairperson Tarwater thanked the conferees for their testimony.

Written-only proponents were:

Christy Hopkins, Legislative Committee Member, western Kansas Rural Economic Development Alliance (Attachment 8)

Shan Hanes, President and CEO of Heartland Tri-State Bank, Elkhart, Kansas (Attachment 9)

Trent Armbrust, Board Member, on behalf of the Kansas Economic Development Alliance (Attachment 10)

There was no other testimony provided.

Chairperson Tarwater closed the hearing on SB90.

The meeting adjourned at 3:06 p.m.

The next scheduled meeting is March 13, 2019.