The Job Creation Fund (JCF) was created by the Kansas Legislature in 2011 to replace
the Kansas Economic Opportunity Initiatives Fund (KEOIF) and Investments in Major
Projects and Comprehensive Training Program (IMPACT).
The Department of Commerce uses this fund to help attract new companies to Kansas.
The program is funded by up to two percent of all Kansas employee withholding taxes
that are not currently necessary for debt service on existing bonds or program administration.
Payments to companies from the JCF are typically made over three years, as the companies
meet certain benchmarks, such as creating jobs and making capital investments like
equipment purchases or facilities improvements.