State leader to Wyandotte County on Chiefs stadium: 'You're welcome'
4 Articles
4 Articles
Kansas bill would create public ownership of Chiefs stadium with limits on local input
There are plans to have the Mayors of Olathe and Kansas City, Kansas, serve on the board since their cities are pledging local sales tax to the projects. But, they would be nonvoting members, something some felt needs to change.
State leader to Wyandotte County on Chiefs stadium: 'You're welcome'
House Bill 2793 shows the Kansas Sports Facilities Authority would own the new Kansas City Chiefs stadium. Now, state leaders and county officials are at a crossroads regarding STAR Bond increments.
Kansas lawmakers shaping sports authority — and tax shield — for new Chiefs stadium
Kansas wants to create a sports authority to own the new Kansas City Chiefs stadium. Public rather than private ownership of the stadium will shield more than $1 billion from being collected as income taxes. Takeaways Creating the sports authority to own the stadium helps the Chiefs keep more than $1 billion in state dollars that would otherwise be taxable. The sports authority is slated to have a nine-member board, but that could grow to i…
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