STAR bonds proposal would give incentives to hospitals, headquarters projects

If Kansas’ STAR bond program is extended, hospitals and headquarters projects could start qualifying for the incentives.STAR, which stands for Sales Tax Revenue bonds, is an economic development tool that’s used to finance the development of major commercial, entertainment and tourism areas. It’s currently reserved for projects considered to be a statewide and regional destination. They also must feature a high-quality innovative entertainment and tourism attraction with unique features to bolster tourism and economic impact, according to the Kansas Department of Commerce.