On April 11, Kansas Gov. Sam Brownback signed into law the Rural Opportunity Zones (ROZs) program. ROZs are designed to reverse dramatic population declines over the past decade in rural areas of Kansas. The program is a central component of a broader plan by the Brownback Administration to spur economic development in and bring job growth to 50 counties around the state. The program will take effect July 1, 2011.
–Kansas will offer a state income tax rebate for up to five years to individuals who move to a ROZs county from outside the state. Individuals must not have lived in Kansas for the past five years.
–The program offers up to $3,000 per year ($15,000 maximum benefit) in student loanforgiveness for individuals who graduate from an accredited post-secondary institution and move to a ROZs county.