Promoting Employment Across Kansas

The Promoting Employment Across Kansas (PEAK) incentive program allows qualified for-profit and regional / national non-for-profit headquarter companies that are locating new jobs or expanding existing Kansas operation, to retain 95% of the payroll withholding tax of the PEAK jobs up to a period of 10 years. Per K.S.A. 74-50,210 through 74-50,216 (also known as the PEAK Act), the Secretary of Commerce has sole discretion to approve qualified companies and determine length of benefit.The company's wages for PEAK jobs must meet or exceed the county median wage or regional North American Industry Classification System (NAICS) industry average wage.

Eligibility


  • Must be creating new jobs in Kansas resulting from relocating, locating or expanding
  • For-profit companies shall not have the NAICS assignment of a business.
    • Industry group 7132 (Gambling Industries) or 8131 (Religious Organizations);
    • Sectors 44 and 45 (Retail Trade), 61 (Educational Services), 92 (Public Administration) or 221 (Utilities including water and sewer services); Subsector 722 (Food Services and Drinking Places);unless applying as an international or national headquarters or an administrative/back office facility
  • Not-for-profit regional/national headquarters may apply.
  • Shall not be a bioscience company (as defined in KSA 2008 Supp. 74-99b33 and
  • Shall not be delinquent in the payment of taxes to any federal, state and/or local
  • Shall not be under the protection of the federal bankruptcy code.
  • Must make available to full-time employees adequate health insurance coverage and
  • Must have a median or average wage for PEAK jobs of at least 100 percent (100%) amendments thereto).
  • Must create a minimum of 10 PEAK jobs in a designated metropolitan (metro) county
  • Must create a minimum of 100 jobs within two years of application regardless of pay at least 50% of the premium of the county median wage (CMW) or industry NAICS as published by the Kansas Department of Labor (KDOL) at the time of application for the county in which the jobs will be located. Within two years of application to receive basic program benefits. Businesses located all other counties must create 5 PEAK jobs within two years. location to receive high impact program benefits.
  • Must be approved by the Secretary of Commerce (Secretary) to participate in
Applications are accepted throughout the year and must be received prior to hiring PEAK jobs/ employees in Kansas. For more information, see the Kansas Commerce website.

Contact


Contact Darla Price, Commerce, at 785-296-1868.