Loading...
Loading...
Browse all stories on DeepNewz
VisitKansas Lawmakers Approve STAR Bond Plan to Attract Super Bowl Champions Chiefs with $1B in Bonds
Jun 18, 2024, 09:31 PM
Kansas lawmakers are actively debating and advancing legislation to attract the Kansas City Chiefs and Royals to move from Missouri to Kansas. The proposed plan includes issuing over $1 billion in bonds to finance new stadiums. Supporters argue that the move could bring millions of dollars in income taxes from players and coaches to Kansas, which are currently going to Missouri. The Kansas House has passed the STAR Bond proposal with bipartisan support, 84-38, and the bill now heads to the Senate. The plan also includes promises of tax cuts to further incentivize the move. On Tuesday, Kansas lawmakers approved the plan to lure the Super Bowl champions by helping to finance a new stadium.
View original story
Markets