Kansas politicians respond to law offering $1 billion in public incentives to mystery corporation (FOX Business)

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    Kansas politicians respond to law offering $1 billion in public incentives to mystery corporation – By William Spruance (FOX Business) / May 3, 2022

    Kansas lawmakers sound off over legislation driven by proposal requiring NDA to see

    A bipartisan group of Kansas politicians criticized the secrecy surrounding a new law that could give over $1 billion in public subsidies to an undisclosed company considering opening a plant in the state.

    Legislators had to sign non-disclosure agreements (NDAs) in order to learn even the most basic details about the company, such as its name and how many jobs it would bring to Kansas. The new law, which the governor pushed in order to attract the company, offers reimbursements for taxes, salaries and other expenses to companies that invest $1 billion in Kansas.

    “When you’re dealing with taxpayer money, it’s all about transparency, which was clearly swept under the rug,” state Sen. Mark Steffen, a Republican, Fox News.

    Regardless, the Attracting Powerful Economic Expansion (APEX) Act passed the House 80-41 and the Senate 31-9.

    CONTINUE > https://www.foxbusiness.com/politics/kansas-politicians-respond-law-offering-1-billion-public-incentives-mystery-corporation

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