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Minutes for SB432 - Committee on Commerce

Short Title

Transparency, project financial viability requirements and other reforms to the STAR bond financing act.

Minutes Content for Wed, Mar 7, 2018

Chairperson Lynn opened the meeting and recognized Amanda Stanley, The League of Kansas Municipalities, who provided testimony in opposition to the bill.  (Attachment 1)

Senator Suellentrop invited Ms. Stanley to submit language for changes to the bill to address the concerns listed in the testimony.

Senator Alley said he would be interested in hearing ideas for other economic development incentive plans as an alternative to using STAR Bonds.

Written only testimony in opposition to the bill was provided by:

- Trent Armbrust, Board Member, Kansas Economic Development Alliance  (Attachment 2)

- Jason Gage, City Manager, Salina, Kansas  (Attachment 3)

- Tom Robinett, Vice President of Public Policy and Advocacy, Overland Park Chamber of Commerce  (Attachment 4)

- Jared Wasinger, Assistant to the City Manager, City of Manhattan, Kansas  (Attachment 5)

- Mayor Carl Gerlach, City of Overland Park, Kansas  (Attachment 6)

Written only testimony neutral to the bill was provided by:

- Gary Anderson, Gilmore and Bell  (Attachment 7)

- Robert North, Interim Secretary, Kansas Department of Commerce  (Attachment 8)

- City of Olathe and Olathe Chamber of Commerce  (Attachment 9)

Chairperson Lynn closed the hearing on SB 432.