2006 Kansas Code - 74-8405

      74-8405.   Annual report of secretary of commerce; contents. (a) Pursuant to K.S.A. 74-5049, and amendments thereto, the secretary of commerce shall report the following:

      (1)   The number of local seed capital pools;

      (2)   the total tax credit generated;

      (3)   the total investments made in Kansas venture capital companies;

      (4)   the total investments in Kansas businesses by local seed capital pools;

      (5)   an estimate of jobs created or preserved under the program; and

      (6)   an estimate of the multiplier effect on the Kansas economy of the program.

      (b)   Additionally, in the report the secretary shall evaluate the success of the program in collaboration with Kansas, Inc. and the standing committee on commerce of the senate, the standing committee on economic development of the house of representatives and the joint committee on economic development, and may include specific recommendations for legislation.

      History:   L. 1987, ch. 365, § 5; L. 1993, ch. 136, § 17; L. 1996, ch. 205, § 12; L. 2003, ch. 154, § 77; July 1.