This bill aims to enhance government transparency regarding local economic development incentive programs in Kansas. It mandates that local governments report specific information about these programs to the Secretary of Commerce, who will maintain a publicly accessible database. The bill defines various economic development incentive programs, including those administered by the Secretary of Commerce and local governments, and outlines the requirements for data collection and reporting. Local governments must provide information on active programs that offer more than $50,000 in annual incentives, with stricter reporting requirements set to take effect after July 1, 2025.

Key provisions include the establishment of a searchable database that allows users to access detailed information about economic development incentives, including recipient names, amounts claimed, and program criteria. The database must also generate comprehensive and summary reports for legislative committees. Additionally, the bill repeals existing sections of K.S.A. 2024 Supp. 74-50,226 and 74-50,227, streamlining the legal framework for economic development incentives. The Secretary of Commerce is authorized to impose a nominal administrative fee on recipients to cover the costs of maintaining the database.

Statutes affected:
As introduced: 74-50, 45-215
As Amended by House Committee: 74-50
As Amended by Senate Committee: 74-50
Enrolled: 74-50