New legislation could mean more money for Kansas businesses – Wichita, Kansas

Wichita, Kansas 2021-02-23 20:02:06 –

Wichita, Kansas (KSNW)-New legislation could mean more money for businesses in Kansas that were closed and restricted during a pandemic.

It started as a proceeding. Ryan Floyd, owner of Fitbody Bootcamp and Omega Bootcamps Inc, filed a proceeding against Kansas in December 2020.

After submission, Kansas Attorney General Derek Schmidt said the proceedings would raise public policy issues that transcended individual cases and would be answered more appropriately by the legislature than by the courts.

Floyd’s lawyer Ryan Krieg Shozer and his partner Josh Nai presented a compensation package to the Senate on Tuesday.

“Kansas’s Emergency Management Act. We now allow businesses and individuals to seek compensation from the government,” said Nai. “The purpose of this law is to use a combination of the Federal COVID Fund and state income tax and property tax credits to quickly and efficiently resolve potential claims under the Kansas Emergency Management Act.”

Mr Nai said the business compensation package has two ways to pay for the business. “First, the bill will block federal funds to resolve these claims through a process determined by the Attorney General, based on the availability of funds and the number of claims specified and other factors.” He went on to say, “The claim must be filed within a limited billing period, after which the hit business owner receives federal dollars in compensation for their imbalanced burden born on behalf of the general public. Probably. “

Nai continued. “Second, the bill creates a formula in which compensation is assigned to a company or individual based on the length of government closure or other government restrictions. The compensation will be in the claimant’s 2019 state. Determined by a formula based on income tax liability and government usage period. ”

“Once this compensation has been allocated, the claimant can use it as a short-term credit for current income tax obligations or as a long-term credit for property tax obligations,” said Nai. I have.

Nai said the other way to be compensated would be to allow the loan. He said it wasn’t the perfect solution, but a suggestion for lawmakers to fix and continue working.

All of this bill is to create alternative indemnification approaches to streamline claims to businesses and procedures that may limit their potential exposure to taxpayers, “said Kriegshauser. “Every day we continue to feel calls from companies struggling to find ways to deal with business limitations, and we continue to feel those calls, but at least the bill allows some relief. Provides a framework for being. “

This bill is supported by the Kansas Restaurant and Hospitality Association. Congressman Scott Schneider said it was what his advocacy group had fought.

“Ryan Krieg Shozer and Nai today submitted a bill to help relieve some of the COVID stress that members were experiencing,” Schneider said. “We believe a few weeks ago we testified that the government abused police power without considering the stresses and difficulties faced by small businesses.”

It also supported Jean Suelentrop, the leader of the Kansas Senate majority. “At this point, it’s the beginning, it’s the beginning, and we can put something together in an orderly way to help these small businesses revive and survive. This is more than people are aware of. Is also a much bigger problem and is damaging people’s lives. Individuals have been decimated by some of these past regulatory issues, “he said.

Eric Stafford, the representative of the Kansas Chamber of Commerce, expressed his support. “They are working hard to find a rational solution and we are grateful for their efforts,” Stafford said.

Other companies in the Wichita region have filed proceedings over coronavirus restrictions in cities, counties, and states, alleging that they violate the US Constitution.

“In my dreams, I didn’t expect this to go this far,” said Ryan Floyd, owner of Fitbody Bootcamp and Omega Bootcamps Inc. “I wanted to raise awareness for the government to intervene and do what they thought was right, but it’s a big question for the bill.”

Floyd’s proceedings are different from other proceedings filed in the state. Others argue that it is unconstitutional to limit a business and order it to be closed. Floyd requires payments in line with the Kansas Emergency Management Act. Floyd’s lawyer said that people and businesses that support disasters during an emergency declaration should be compensated by supporting the government.

If the compensation package presented by Kreigshauser passes Kansas law, it could be useful for bars, restaurants, and other companies that have filed proceedings or had to close during a pandemic.

It was introduced to the Senate Tax Commission. The legislature can make amendments, and if successful, they will be introduced to the Senate floor. It may not be a quick process, but Floyd wants his business to be tight, as compensation may come soon.

“Don’t give up and hang there,” Floyd said. “I can’t promise to help, but I can’t get out of the fight until I quit.”

New legislation could mean more money for Kansas businesses Source link New legislation could mean more money for Kansas businesses

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