74-99c03 Creation and operation of center; board of directors, term, meetings, compensation, duties.
74-99c03. Creation and operation of center; board of directors, term, meetings, compensation, duties. (a) There is hereby created a body politic and corporate to be known as the Kansas center for entrepreneurship. The secretary of commerce, after consulting with the board of directors, shall enter into a contractual agreement for the operation of the center. […]
74-99c04 Purpose and duties.
74-99c04. Purpose and duties. (a) The purpose of the Kansas center for entrepreneurship is to enhance the quality of life for citizens of this state by providing increased availability of an accessibility to capital, particularly at the seed capital investment stage, encouraging wealth creation through new jobs that increase the wage base promoting new business […]
74-99c05 Funding of center; awarding of funds by center to other organizations; authority to contract and receive donations; annual financial report.
74-99c05. Funding of center; awarding of funds by center to other organizations; authority to contract and receive donations; annual financial report. (a) The state shall provide an annual appropriation to fund the salaries and operating expenses of the center, as well as research and evaluation activities conducted at the request of the executive or legislative […]
74-99c07 Annual report of economic development activity; audit of center.
74-99c07. Annual report of economic development activity; audit of center. (a) The Kansas center for entrepreneurship shall transmit annually to the governor, the secretary, the standing committee on commerce in the senate and the standing committee on commerce, labor and economic development in the house of representatives a report stating what tax credits have been […]
74-99c08 Officers and employees not state employees; compensation and travel expenses.
74-99c08. Officers and employees not state employees; compensation and travel expenses. (a) Officers and employees of the Kansas center for entrepreneurship shall not be considered state employees, as such term is defined in any other statute or regulation, and shall be paid from appropriations to the center and moneys allocated in K.S.A. 74-99c05, and amendments […]
74-99c09 Money received by center; center subject to audit; tax credits authorized for donations, limitations, administration; criteria for fund distributions.
74-99c09. Money received by center; center subject to audit; tax credits authorized for donations, limitations, administration; criteria for fund distributions. (a) Any money received by the center from any source shall be maintained in interest-bearing accounts in Kansas banks or Kansas savings and loan associations. Any accounts so maintained shall be administered by the center […]
74-99c11 Severability clause.
74-99c11. Severability clause. If any provision of this act or the application thereof to any person or circumstances is held invalid, the invalidity shall not affect other provisions or applications of the act which can be given effect without the invalid provision or application, and to this end the provisions of this act are severable. […]
74-99c01 Citation of act.
74-99c01. Citation of act. K.S.A. 74-99c01 through 74-99c11, and amendments thereto, shall be known and may be cited as the center for entrepreneurship act. History: L. 2004, ch. 112, § 55; July 1.
74-99c02 Definitions.
74-99c02. Definitions. As used in this act, unless the context clearly requires otherwise: (a) “Banking industry” means banks, savings and loan associations and credit unions; (b) “contribution” means and includes the donation of cash or property other than used clothing in an amount or value of $250 or more. Contributions shall be valued as follows: […]