Kansas Statutes Chapter 74. State Boards, Commissions and Authorities § 74-50,317. Same; reimbursement of training and education expense of new employees; eligibility; amount; agreement with secretary of commerce; annual showing of eligibility required; attracting powerful economic expansion new employee training; certification required for reimbursement; breach of agreement, repayment

(a) On and after July 1, 2022, a qualified firm or a qualified supplier that meets the requirements of K.S.A. 74-50,312, and amendments thereto, and this section and that has entered into an agreement with the secretary, as provided by K.S.A. 74-50,312, and amendments thereto, may be eligible for reimbursement of up to 50% of training and education eligible expenses for training or education completed for new employees in each year for up to five successive years, as determined by the secretary and as provided by this section. The maximum amount of reimbursement paid to a qualified supplier shall be $250,000 per year. The maximum amount of reimbursement paid to a qualified firm shall be $5,000,000 per year. In determining the percentage, the number of successive years and the maximum annual amount as limited by this subsection, the secretary shall, at a minimum, consider the factors set forth in K.S.A. 74-50,313(b) and (d), and amendments thereto, as applicable.

(c) The qualified firm or qualified supplier shall submit an application to the secretary in the form and manner required by the secretary and provide all information requested by the secretary, as provided by K.S.A. 74-50,312, and amendments thereto. If approved by the secretary, the qualified firm or qualified supplier shall enter into an agreement with the secretary with such terms and conditions as may be required by the secretary and commitments required by this act, as provided pursuant to K.S.A. 74-50,312, and amendments thereto. The agreement shall set forth the maximum amount of the incentive that may be received each year, as limited by subsection (a), and shall require an annual showing of eligibility, including evidence showing the number of new hires and amount of eligible training and education expense, for each year the incentive is claimed.

(d) Subject to appropriations therefor, reimbursement in the amount approved by the secretary and pursuant to the terms of the agreement and the limitations of subsection (a) shall be made by the secretary from the attracting powerful economic expansion new employee training and education fund established in K.S.A. 74-50,318, and amendments thereto, in accordance with appropriation acts upon warrants of the director of accounts and reports issued pursuant to vouchers approved by the secretary of commerce or the secretary's designee.

(e) No reimbursement shall be issued unless the qualified firm or the qualified supplier has been certified by the secretary, as provided in K.S.A. 74-50,312, and amendments thereto, as meeting all requirements of this act, any rules and regulations of the secretary and the agreement executed pursuant to K.S.A. 74-50,312, and amendments thereto.

(f) If the qualified firm or qualified supplier breaches the terms and conditions of the agreement pursuant to K.S.A. 74-50,312, and amendments thereto, reimbursements shall be repaid to the state as provided by K.S.A. 74-50,312, and amendments thereto.