Chapter 74 — STATE BOARDS, COMMISSIONS AND AUTHORITIES

74-8012. History: L. 1987, ch. 317, § 2; L. 1995, ch. 255, § 4; Repealed, L. 2012, ch. 65, § 34; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived Sch…

74-8013. Funds of the department of commerce; disposition. (a) All state appropriations to or grants of state appropriations to the secretary of commerce shall remain in the state treasury until expended or transferred to other state agencies by the secretary of commerce. (b) Exc…

74-8014. History: L. 1987, ch. 317, § 1; Repealed, L. 2012, ch. 65, § 34; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents U…

74-8015. Reports of community and economic development grants or loans. (a) As used in this section "state agency" means any state office or officer, department, board, commission, institution, bureau or any agency, division or unit within any office, department, board, commissio…

74-8016. Cost-benefit model for property tax exemptions. Subject to appropriations, the secretary of commerce shall develop, adapt or adopt a uniform cost-benefit model for purposes of statewide data collection and for evaluating industrial revenue bond and economic development p…

74-8017. History: L. 1994, ch. 188, § 1; L. 2001, ch. 164, § 1; L. 2002, ch. 99, § 1; L. 2003, ch. 153, § 2; L. 2004, ch. 180, § 12; Repealed, L. 2005, ch. 110, § 10; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LC…

74-8017a. History: L. 1994, ch. 188, § 1; L. 2001, ch. 164, § 1; L. 2002, ch. 99, § 1; L. 2003, ch. 97, § 7; Repealed, L. 2004, ch. 180, § 18; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF ST…

[Repealed or reserved.]

74-8101. History: L. 1986, ch. 284, § 4; L. 1991, ch. 245, § 1; L. 1992, ch. 221, § 1; L. 1993, ch. 136, § 13; L. 1995, ch. 241, § 17; L. 2000, ch. 157, § 1; L. 2003, ch. 154, § 75; L. 2004, ch. 101, § 130; Repealed, L. 2011, ch. 104, § 47; July 1. Previous | Next LEGISLATIVE COO…

74-8102. History: L. 1986, ch. 284, § 1; L. 1992, ch. 221, § 2; L. 2011, ch. 104, § 16; Repealed, L. 2012, ch. 65, § 34; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Sessio…

74-8103. Definitions. As used in this act, unless the context clearly requires otherwise: (a) "Applied research" means those research activities occurring at educational institutions and in private enterprises, which have potential commercial application; (b) "basic research" mea…

74-8104. Powers; exemption from state purchasing laws; certain records secure. (a) The secretary shall have all the powers necessary to achieve the purposes, specified in K.S.A. 74-8102, and amendments thereto, including the power to: (1) Adopt rules and regulations as deemed nec…

74-8105. History: L. 1986, ch. 284, § 5; L. 1987, ch. 317, § 8; L. 1993, ch. 136, § 14; L. 1995, ch. 255, § 5; L. 1996, ch. 236, § 1; Repealed, L. 2011, ch. 104, § 47; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived L…

74-8106. Centers of excellence, establishment authorized, types, functions; basic research fund, applied research and development fund, technology transfer fund, creation, sources, uses; centers of excellence committee; awards of funding, requirements; establishment of new center…

74-8107. Applied research matching grant fund, creation, sources, uses; award of grants, prerequisites; approval of proposals, required findings; applied research committee; commercialized research. (a) The Kansas technology enterprise applied research matching grant fund is here…

74-8108. Small business innovation research matching grant bridge financing programs. (a) The secretary is directed to develop a small business innovation research (SBIR) matching grant program which meets the highest current standards for state matching grants to federal phase I…

74-8108a. Review of small business innovation research bridge financing program. Five years from the effective date of this act, the secretary shall conduct a review of the small business innovation research bridge financing program and report the results of the review to the leg…

74-8109. Seed-capital fund, creation, sources, uses; investment committee; limitation on certain investments. (a) There is hereby created the technology enterprise seed-capital fund to which shall be credited any state funds specifically so designated. The secretary may credit th…

74-8110. Technology transfer and technical referral services; clearinghouse; technical information data bases; industrial liaison offices. (a) The secretary shall establish a clearinghouse to provide technology transfer and technical referral services and shall fund educational i…

74-8111. Annual report, contents, presentation and distribution; program funding levels, evaluation and recommendations; appropriations below threshold levels, effect; audit. (a) The secretary shall publish an annual report which shall include an audit in accordance with generall…

74-8112. Severability. 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 t…

74-8113. Employees of Kansas technology enterprise corporation. (a) Except as provided in subsection (h) of K.S.A. 74-8101 and amendments thereto, for members of the board of directors of the Kansas technology enterprise corporation, the provisions of article 32 of chapter 75 of …

74-8114. Disposition of moneys. (a) All state appropriations to or grants of state appropriations to the Kansas technology enterprise corporation shall remain in the state treasury until expended, loaned, transferred to other state agencies or invested pursuant to the Kansas tech…

74-8115. Citation of act. K.S.A. 74-5050 and 74-8101 through 74-8115 and amendments thereto shall be known and may be cited as the Kansas technology enterprise corporation act. History: L. 1987, ch. 317, § 4; April 30. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Poli…

74-8116. State patent depository library; designation of state agency therefor; grant to establish. (a) The state of Kansas is hereby authorized to establish a patent depository library at a state agency and location designated as prescribed by this section. (b) "Patent depositor…

74-8122. Abolishing the agricultural value added center, the agricultural value added processing center leadership council, the division of markets and the director of marketing. (a) The agricultural value added center established by K.S.A. 1995 Supp. 74-8117 and the agricultural…

74-8123. Abolition of Kansas technology enterprise corporation. The Kansas technology enterprise corporation, created by K.S.A. 74-8101 et seq., and amendments thereto, is hereby abolished. History: L. 2011, ch. 104, § 1; June 2. Previous | Next LEGISLATIVE COORDINATING COUNCIL G…

74-8124. Same; transfer of powers and duties to department of commerce and secretary of commerce; transfer of fund balances to department of commerce; transfer of employees to department of commerce. Except as otherwise provided in K.S.A. 74-8127 through 74-8129, and amendments t…

74-8125. Same; succession to powers, duties and functions of Kansas technology enterprise corporation by secretary and department of commerce. Except as otherwise provided in K.S.A. 74-8127 through 74-8129, and amendments thereto, on the effective date of this act: (a) The depart…

74-8126. Same; transfer of property and records to secretary or department of commerce; resolution of conflicts. (a) When any conflict arises as to the disposition of any property, power, duty or function or the unexpended balance of any appropriation as a result of any abolition…

74-8127. Same; transfer of certain powers and duties to board of regents; transfer of certain funds to board of regents; transfer of certain liabilities to board of regents. (a) On the effective date of this act, the following powers, duties and functions of the Kansas technology…

74-8128. Same; succession of certain powers, duties and functions of Kansas technology corporation by board of regents. On and after the effective date of this act: (a) The board of regents shall be the successor in every way to the powers, duties and functions of the Kansas tech…

74-8129. Same; transfer of certain property and records to board of regents; resolution of conflicts. (a) When any conflict arises as to the disposition of any property, power, duty or function or the unexpended balance of any appropriation as a result of any abolition or transfe…

74-8130. Same; rights preserved in legal actions and proceedings. (a) No suit, action or other proceeding, judicial or administrative, lawfully commenced, or which could have been commenced, by or against any state agency or program mentioned in K.S.A. 74-8124 through 74-8129, an…

74-8130a. Effective date for certain sections. K.S.A. 74-8123 through 74-8130, inclusive, shall become effective on July 1, 2011. History: L. 2011, ch. 104, § 9; June 2. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Mee…

74-8131. Citation of act; purpose. (a) The purpose of the Kansas angel investor tax credit act is to facilitate the availability of equity investment in businesses in the early stages of commercial development and to assist in the creation and expansion of Kansas businesses, whic…

74-8132. Definitions. As used in this act: (a) "Angel investor" and "investor" mean an accredited investor who is a natural person or an owner of a permitted entity investor, who is of high net worth, as defined in 17 C.F.R. § 230.501(a), as in effect on July 1, 2004, and who see…

74-8133. Tax credits for investment in qualified securities of qualified Kansas business; claims; limitations; transfer of credits; reimbursement of administrative costs. (a) A credit against the tax imposed by article 32 of chapter 79 of the Kansas Statutes Annotated, and amendm…

74-8134. Qualified Kansas business; application for qualification, contents, trade secrets to be accorded confidentiality; burden of proof to demonstrate qualification; notice upon change therein. (a) Before an angel investor may be entitled to receive tax credits, as authorized …

74-8135. Same; designation upon determination that criteria satisfied; reporting requirements. (a) The designation of a business as a qualified Kansas business shall be made by the secretary, and such designation must be renewed annually. A business shall be so designated if the …

74-8136. Secretary of commerce authorized to issue tax credits; reporting required; annual review by secretary of commerce; loss of designation, notice, repayment obligations; disallowance; rules and regulations. (a) Tax credits for qualified Kansas businesses are a limited resou…

74-8137. Same; state not liable to investors. The state of Kansas shall not be held liable for any damages to any investor that makes an investment in any qualified security of a qualified Kansas business. History: L. 2004, ch. 112, § 80; July 1. Previous | Next LEGISLATIVE COORD…

[Repealed or reserved.]

74-8201. Kansas statewide risk capital system; purposes. The purpose of this act is to create a Kansas statewide risk capital system to meet the special needs of the various regions of Kansas. This system will invest $10,000,000 of state funds to create private risk capital for i…

74-8202. Definitions. For the purposes of this act, the following terms shall have the meanings provided herein: (a) "Department" means the department of commerce. (b) "Kansas business" means any small business owned by an individual, any partnership, association or corporation d…

74-8203. Kansas Venture Capital, Inc.; investment in by pooled money investment board and private sector investors; board of directors, composition; president; investment of funds in certain businesses and companies; redemption of the investment by the pooled money investment boa…

74-8204. Annual report by Kansas venture capital, inc.; contents. (a) Kansas venture capital, inc., shall prepare and publish an annual report of its activities for the information of the governor, the standing committee on commerce of the senate, the standing committee on commer…

74-8205. Tax credits for investment in stock of Kansas Venture Capital, Inc. by banks, savings and loan associations and insurance companies; taxable years applicable. (a) Except as otherwise provided in K.S.A. 74-8207, and amendments thereto, every national banking association, …

74-8206. Income tax credit for investment in stock of Kansas Venture Capital, Inc. by corporations. (a) Except as otherwise provided in K.S.A. 74-8207, and amendments thereto, every taxpayer investing in stock issued by Kansas Venture Capital, Inc. shall be entitled to a credit i…

74-8207. Limitation on tax credits. The secretary of revenue may allow credits pursuant to K.S.A. 74-8205 and 74-8206 and amendments thereto that are attributable to not more than $10,000,000 of cash investment in Kansas Venture Capital, Inc. subject to the overall limitations of…