Kansas Administrative Regulations
Agency 110 - KANSAS DEPARTMENT OF COMMERCE
Article 7 - KANSAS COMMUNITY SERVICES PROGRAM
Section 110-7-9 - Gifts; gift period

Universal Citation: KS Admin Regs 110-7-9

Current through Register Vol. 43, No. 52, December 26, 2024

(a) Each proposal shall include a statement indicating that only non-cash gifts related directly to the approved project will be accepted and that acceptance of the non-cash gifts will occur within 18 months after the date of approval of the proposal by the director. To be considered "related directly," the non-cash gift shall be actually used for, or as part of, the project. A gift received before or after this period shall not be approved for tax credits.

(b) Each person wanting a tax credit and donating a gift to an approved project shall submit a tax credit application to the department within one year of the donation of the gift.

Disclaimer: These regulations may not be the most recent version. Kansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.