Kiowa County Business Restoration Assistance Program
The 2007 Kansas Legislature established the Kiowa County business restoration assistance program for the purpose of assisting businesses that were in operation in Kiowa County and damaged by the tornado and other severe weather in Kansas on May 4, 2007.
The business restoration assistance program includes:
- Investment Assistance
A grant of up to 10% of qualifying investment made to rebuild or replace a business facility in Kiowa County and the business machinery and equipment of a business that has been damaged or destroyed by the tornado or other severe weather that occurred on May 4, 2007.
- Job restoration assistance
A grant of up to $3,500 per qualifying job to a business damaged by the tornado and severe weather on May 4, 2007 that fills an employment position in Kiowa County, Kansas.
The Kansas Legislature has set aside $5,000,000 for the investment assistance payment program and the job restoration assistance payment program. To apply for these assistance programs, a business must complete and submit a Business Restoration Assistance application, Form PR-BRP . Applications will be accepted through June 30, 2008. Policies and procedures for this program are available here.
- Sales Tax Exemption
A sales tax exemption is available for those businesses in Kiowa County that were damaged as a result of the tornado and other severe weather on May 4, 2007. This sales tax exemption will exempt all construction, reconstruction, materials and machinery and equipment to be incorporated into the business facility. Replacement of tornado damaged or destroyed fencing, the purpose for which is to enclose land devoted to agricultural use shall also be exempt from sales tax. As soon as the business has decided to rebuild, a request for project exemption certificate (Form PR-70BRP) should be submitted to the Kansas Department of Revenue. Applications will be accepted through June 30, 2009.
Questions may be directed to the Kansas Department of Revenue at (785) 296-3081 or to kathleen_smith@kdor.state.ks.us (kathleen_smith@kdor.state.ks.us).