Finance & Revenue
What is happening? Kansas is said to have extended $892 million in tax incentives to lure Panasonic to build a $4 billion battery facility that will be the world’s largest.
Why is this important? The tax incentives include: $234 million in payroll rebates; investment tax credits; help with training and education costs; and a sales tax exemption for construction
How will this be important? Kansas beat out Oklahoma which offered a $698 million incentive package earlier this year
Route Fifty | The Latest State to Notch a Win in the Race to Attract EV Factories
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