Enterprise Zone

Non-metropolitan Business Region (Enterprise Zone)

Osage is designated as a non-metropolitan business region, or Kansas Enterprise Zone, by the Kansas Department of Commerce and Housing. The Kansas Enterprise Zone Act provides three basic incentives for new or expanding businesses. Qualifying businesses that expand their business through job creation and capital investment may be eligible to:

· Claim a one-time job creation tax credit of $1,500 per new employee

· An investment tax credit of $1,000 per $100,000 qualified business facility investment

· Claim a sales tax exemption on the purchase of personal property or services purchased for the purpose of constructing, reconstructing, enlarging, remodeling, or equipping a qualified business facility

Additionally, under the Enterprise Zone Act, retailers creating at least two new jobs and locating within a community of 2,500 or less population may receive the state and local sales tax exemption on expenses relating to construction, reconstruction, remodeling and equipping a facility. For more information, contact the Kansas Department of Commerce & Housing or log on to their website at: www.kdoch.state.ks.us

Click here to download the form.