Wednesday, August 13, 2014

Brownback proposes 100,000 jobs, urban opportunity zones for second term

By NICK SLOAN, nick@kansascitykansan.com

KANSAS CITY, KAN. ----- So far, 55,000 private-sector jobs have been created during Kansas Gov. Sam Brownback's first term.

In his economic plan for a potential second term, Brownback said it's his goal to create 100,000 new jobs for Kansas during the next four years.

“Creating 55,000 jobs is a good start, but we can do more,” Brownback said. “My goal for the next four years is 25,000 new jobs a year. That’s 100,000 new jobs for the hardworking people of Kansas.”

One issue Brownback touched on with his "Road Map 2.0" plan that would probably involve Kansas City, Kan., is launching urban opportunity zones.

Details of a potential Kansas urban opportunity zone - low-tax or no-tax zones set up to boost economic development in high poverty areas - are unknown at this point. 

However, if the plan is based on the Rural Opportunity Zones plan already in place, residents in an urban opportunity zone could qualify for income tax waivers and student loan repayments.

More information on Brownback's economic plan can be found here.