{"data":{"id":"us-ks/k.s.a.-74-99b67","jurisdiction":"us-ks","citation":"K.S.A. 74-99b67","heading":"Project funding; limitations.","body":"(a) Project funding in the bioscience research and development voucher program shall have the following limitations:\n(1) At least 51% of any voucher award funds from the bioscience research and development fund shall be expended with the bioscience research institution under contract and shall not exceed 50% of the cost of the research;\n(2) the maximum amount of voucher funds awarded to a qualified company shall not exceed $1,000,000, each year for two years, equal to a maximum of $2,000,000 and shall be up to and not exceed 50% cost of the research; and\n(3) at a minimum, the qualified company shall match the project award by a one-to-one dollar ratio for each year of the project. The authority has sole discretion to authorize an in-kind contribution in lieu of part of the industry match if the authority determines that the financial limitations of the qualified company warrant this authorization.","path":["Chapter 74.—STATE BOARDS, COMMISSIONS AND AUTHORITIES","Article 99b.—BIOSCIENCE AUTHORITY"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch74/074_099b_0067.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:14:29Z","sha256":"850ab60de7feaa498b5b3b257dbc21b7a17efb9792b1de473e2aeb5c01e35443","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-74-99b66","next":"us-ks/k.s.a.-74-99b68"},"notice":"GroundRules: Original legal text. Not legal advice."}
