The Kansas City Chiefs want Kansas to extend enhanced STAR bonds that could publicly finance a domed stadium and other team projects across the state line. Approved in June 2024, Kansas’ stadium offer would allow sales tax revenue bonds to be issued up to 70% of a $1 billion-plus stadium. The legislation is set to expire June 30, but the state’s Legislative Coordinating Council can retroactively extend it up to a year, until June 30, 2026. Senate President Ty Masterson on Thursday said that at the Chiefs’ request, the council would meet July 7 to discuss an extension, potentially to no later than the end of this year.
Source: Kansas City Business Journal – Local Kansas City News
