Summary of the Perfected Version of the Bill

HCS HB 1449 -- ECONOMIC DEVELOPMENT INCENTIVES IN THE KANSAS CITY

METROPOLITAN AREA (Berry)

COMMITTEE OF ORIGIN: Committee on International Trade and Job

Creation

This substitute prohibits the issuance of a tax credit under

certain economic incentive programs for an otherwise qualifying

job if the job relocates to the State of Missouri from the State

of Kansas and from within 30 miles of the Missouri border if

Kansas prohibits any tax credit for jobs or economic incentives

for job creation or an incentive for any job that moves from

Missouri to Kansas and the new location is within 30 miles of the

Missouri border.

If, within two years of the substitute’s effective date, Kansas

has not enacted substantially similar legislation, for every $1

spent by Kansas for promoting economic development in the Kansas

counties that are part of the Kansas City metropolitan area,

Missouri must, subject to appropriations, spend $1.50 for

promoting economic development in the Missouri counties that are

part of the Kansas City metropolitan area. "Kansas City

metropolitan area" means the multi-county metropolitan area

straddling the border between Missouri and Kansas consisting of

the Missouri counties of Cass, Clay, Jackson, and Platte and the

Kansas counties of Johnson, Leavenworth, and Wyandotte.

FISCAL NOTE: Estimated Net Cost on General Revenue Fund of

Unknown greater than $100,000 in FY 2013, FY 2014, and FY 2015.

No impact on Other State Funds in FY 2013, FY 2014, and FY 2015.

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