Bloomberg Tax
June 21, 2024, 5:52 PM UTC

Kansas Rushes to Lure NFL’s Chiefs After Missouri Rebuffs Team

Amanda Albright
Amanda Albright
Bloomberg News
Maggie Eastland

Kansas Governor Laura Kelly signed a bill intended to entice the National Football League’s Kansas City Chiefs or Major League Baseball’s Kansas City Royals to move across state lines from Missouri.

The legislation, approved by lawmakers earlier in the week, allows the sale of bonds to help pay for stadium or ballpark construction for the professional sports teams. The bonds would be paid off through the sales tax revenue generated by development around the sports complex.

The bid by Kansas comes after voters in a Missouri county earlier this year <-bsp-bb-link state="{"bbDocId":"SBBGXUDWLU68","_id":"00000190-3c1e-d497-a7fb-fc1fc0450000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">rejected the extension of a tax to help fund a ...

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