Governor Kelly today signed the bipartisan bill known as Attracting Powerful Economic Expansion Act (APEX). The bill allows the state to compete on a national and global scale for large economic development projects.
“This positions Kansas to potentially land a once-in-a-generation opportunity that could transform our economy,” Kelly said. “This tool is about more than just one project. It makes us an economic powerhouse ready to compete on a national and global scale. That means thousands of new jobs, billions more business dollars injected into the economy, and more opportunities for Kansas families.”
This economic development bill could help Kansas land the biggest private sector investment in the state’s history. The current project would bring 4,000 new jobs to Kansas and inject $4 billion in business investment into the Kansas economy.
“Passage of APEX shows there is strong bipartisan support to put Kansas on the national stage for economic development,” Lieutenant Governor and Commerce Secretary David Toland said. “The APEX bill gives us a realistic shot at winning large economic development projects that will bring huge business investment and job creation to our state. We are excited about our chances with the current prospect that would be transformative for our state and deliver long lasting benefits to Kansas.”