State budget expands STAR bond incentive to include malls

Buried deep inside the state’s $25.6 billion budget, there’s a measure that expands one of the state’s most powerful tax incentives to help save dying malls. What originally started out as a bill that died in the House became a proviso added to the state budget authorizing sales tax revenue – or STAR – bonds to be used for redevelopment of declining malls under certain circumstances.
Source: Sunflower State Journal