SB69

Extends eligibility for loan repayment and tax credit programs in rural opportunity zones in Kansas.

This bill amends Kansas statutes to extend the eligibility period for the loan repayment program and income tax credit for rural opportunity zones. It allows counties to participate in the program for five years, with a maximum repayment of $15,000 per resident. The bill also adds down payment assistance and child care reimbursement as program benefits and expands eligibility for the income tax credit. The changes apply to residents who establish domicile in a rural opportunity zone before July 1, 2031.