Competitiveness Task Force

1
Competitiveness Task Force
2
KEDACompetitiveness Task Force

• PEAK Rules and Regs
• PEAK Legislative Changes
• Advocacy/Legislative
• Community Development
• KEDA (Internal)

3
PEAK

• Rules and Regs

4
KEDACompetitiveness Task Force
PEAK Rules and Regs

• Use Kansas Dept. of Labor tables as standard
  reference for all wage data

5
KEDACompetitiveness Task Force
PEAK Rules and Regs

• Use Kansas Dept. of Labor tables as standard
  reference for all wage data
• county average
• state average
• SOC occupational codes
• NAICS industry codes

6
KEDACompetitiveness Task Force
PEAK Rules and Regs

• Administer based on jobs not individual
  employees

7
KEDACompetitiveness Task Force
PEAK Rules and Regs

• Ensure eligibility of portions of
  businesses/units moving to KS

8
KEDACompetitiveness Task Force
PEAK Rules and Regs

• Ensure eligibility of new job growth resulting
  from a PEAK eligible move to KS

9
PEAK
Legislative Changes
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KEDACompetitiveness Task Force
PEAK Legislative Changes

• Include New Businesses/New jobs to KS from out
  of state - (New PEAK projects to KS
  include competitive projects, MAs involving at
  least one out of state partner, subsidiaries,
  relocations, consolidations)

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KEDACompetitiveness Task Force
PEAK Legislative Changes

• Change current County Wage requirement to allow
  (at choice of the employer) administrative use of
  one of the following
• NAICS codes
• SOC codes
• State Average wage
• County Average wage

12
KEDACompetitiveness Task Force
PEAK Legislative Changes

• Allow PEAK and IMPACT to work together- (not to
  be used for same employees)

13
KEDACompetitiveness Task Force
PEAK Legislative Changes

• Clarify PEAK start dates/benefit periods for
  qualified applicants

14
KEDACompetitiveness Task Force
PEAK Legislative Changes

• Allow PEAK usage for bio-science NAICS codes (if
  company is not receiving KBA funding)

15
Advocacy/Legislative
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KEDACompetitiveness Task Force
Advocacy/Legislative

• Re-instate Commerce funding to former/adequate
  levels

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KEDACompetitiveness Task Force
Advocacy/Legislative

• Allow incentives/program use for
  non-profit/government projects (competitive/out
  of state)

18
KEDACompetitiveness Task Force
Advocacy/Legislative

• Re-instate Full Level of Historic Tax Credits

19
KEDACompetitiveness Task Force
Advocacy/Legislative

• Coordinate timeframe/co-use of TIF, TDD, and CID
• Change TIF authority/timeframe to 23 years (add 3
  yrs. To TIF)

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KEDACompetitiveness Task Force
Advocacy/Legislative

• Re-define Rural Retail population threshold
  (raise )
• Review E-Zone authority
• Retain Sales Tax Exemption Authority (attached to
  another program or stand alone)
• Allow monetization/sale of Tax Credits on a
  discounted basis (sale price/redemption value)
  limit length of time to use

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KEDACompetitiveness Task Force
Advocacy/Legislative

• Revamp Tax abatement language/ authority

22
Community Development
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KEDACompetitiveness Task Force
Community Development

• Engage in elected official education re economic
  development

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KEDACompetitiveness Task Force
Community Development

• Encourage/Incent Regionalism

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KEDACompetitiveness Task Force
Community Development

• Health Care Scholarships

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KEDACompetitiveness Task Force
Community Development

• Pursue energy efficiency jobs

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KEDACompetitiveness Task Force
Community Development

• Income Appropriate Housing
• Spec Housing

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KEDACompetitiveness Task Force
Community Development

• Enhance use of Community Foundations

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KEDACompetitiveness Task Force
Community Development

• Access to gap financing

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KEDACompetitiveness Task Force
Community Development

• Spec Building (Commercial) Program

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KEDACompetitiveness Task Force
Community Development

• Retention of Youth Tax Credits, etc.

32
KEDA (Internal)
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KEDACompetitiveness Task Force
KEDA (Internal)

• Review KS INC Strategic Plan for Economic
  Development
• Advocate for another Redwood/Krider eco devo
  report

34
KEDACompetitiveness Task Force
KEDA (Internal)

• Pursue creation/use of statewide cost/benefit
  model

35
KEDACompetitiveness Task Force
KEDA (Internal)

• Define what is success in economic development
  i.e. ..
• Betterment of Community
• Increased economic output at local/regional/state
  level
• Increase in average wage(s)
• Increased tax base/revenues

36
KEDACompetitiveness Task Force
KEDA (Internal)

• Encourage Commerce to evaluate and issue not
  negative fiscal note reports (for legislation
  and/or projects)

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Group Discussion