Kan. Admin. Regs. § 110-6-10 - Certification of a worksite
Each applicant shall meet the following requirements:
(a)
(1) The
NAICS designation assigned to the worksite shall be under an appropriate NAICS
designation, as specified in
K.S.A.
74-50,131 and amendments thereto;
(2) the worksite, regardless of its NAICS
designation, shall be determined by the secretary to be a headquarters or
back-office operation of a national firm or multinational firm pursuant to this
article; or
(3) the worksite,
regardless of its NAICS designation, had been certified as a headquarters or
back-office operation of a national firm or multinational firm by the secretary
before the effective date of this regulation. The worksite shall retain its
certification as a headquarters or back-office operation of a national firm or
multinational firm unless the worksite would no longer qualify using the
criteria in effect for the original worksite certification.
(b) Before any formal commitment
to invest, the applicant shall demonstrate knowledge of the HPIP program by
submitting a certificate of intent to invest, on the PD form prescribed by the
secretary. The worksite information provided on the PD form shall include the
following:
(1) Estimated investment
amounts;
(2) a projected starting
date;
(3) information regarding
current and anticipated net new job creation and retention with associated
payroll levels;
(4) revenue and
sales projections; and
(5) any
other relevant information if requested by the secretary.
(c) Certification of a worksite for the sole
purpose of utilizing an HPIP tax credit that has been carried forward shall not
require the submission of an additional project description form and may be
applied for with a sworn statement using a form prescribed by the
department.
(d) If the main
activity at a worksite is not related to the headquarters or back-office
operation but all other program requirements are satisfied, the applicant may
seek certification only for that portion of the worksite's area that houses the
headquarters or back-office operation of that worksite if the company's
accounting system has the capability to allow a segment of the worksite to
independently track the various elements that support satisfaction of HPIP
requirements.
HPIP benefits shall be calculated by determining the portion of a qualified business facility investment used solely for that portion of the worksite housing the headquarters or back-office operation.
(e) After meeting all HPIP requirements, the
worksite shall be certified by the secretary to the department of revenue.
Before a worksite may be certified, all records used to support HPIP
certification shall be subject to verification by the department.
Notes
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