74-99b85. Same; application procedure; spending limitation. (a) In order to obtain moneys from the bioscience research matching fund:
(1) A bioscience research institution must provide the authority with the research grant proposal for federal, state or private funds submitted with a letter of intent to apply for a match to one of the funding agencies identified in K.S.A. 74-99b87, and amendments thereto; and
(2) a bioscience research institution shall apply to the authority for a match from the bioscience research matching fund in writing within two weeks of the notice of a grant award of federal, state or private funds, and include an approved budget and an official notice of the grant award from the funding agency.
(b) Upon receipt of an application to receive funds to match federal funds from one of the funding agencies identified in K.S.A. 74-99b87, and amendments thereto, the authority shall determine the eligibility for matching funds based on a finding that the bioscience research will have economic or commercial value to the state.
(c) The authority shall promptly review applications for matching funds for consistency with this act.
(d) The board shall ensure that no commitments for matching funds shall be made in excess of funds available for any given year.
History: L. 2004, ch. 112, § 45; July 1.
Structure Kansas Statutes
Chapter 74 - State Boards, Commissions And Authorities
Article 99b - Bioscience Authority
74-99b05 Executive committee established; duties.
74-99b06 Records of the board; public records; exemptions from open records act.
74-99b09 Bioscience authority, powers and duties; review by secretary of commerce.
74-99b12 Exemptions from taxation.
74-99b13 Application of Kansas tort claims act.
74-99b14 Preemptive authority of act.
74-99b15 Actions requiring prior legislative approval.
74-99b16 Definitions; statutory provision exceptions; procurement contracts, procedures.
74-99b17 Affiliation with KPERS; adoption of retirement plan, death, disability benefits.
74-99b18 Companies receiving authority financing; repayment required, when.
74-99b19 Exemption from statutory provisions.
74-99b35 Income tax credit and sales tax exemption cost effectiveness; annual report to legislature.
74-99b43 Financing bioscience development projects; issuing special obligation bonds.
74-99b44 Bioscience development bond fund; distributions.
74-99b45 Same; ad valorem taxes paid into fund.
74-99b53 Net operating loss reimbursement program.
74-99b65 Bioscience research and development voucher program; establishment; purpose.
74-99b66 Qualified companies; application review; criteria.
74-99b67 Project funding; limitations.
74-99b68 Bioscience research and development voucher — federal fund; established; disbursement.
74-99b84 Bioscience research matching fund established; eligibility; purpose.
74-99b85 Same; application procedure; spending limitation.
74-99b86 Same; use of funds; multi-year grants.
74-99b87 Same; criteria for use of funds.