Kansas Fails to Pass Stadium Financing Plan, Missouri on Alert
Missouri lawmakers react as Kansas' ambitious proposal to attract the Chiefs and Royals with fully financed stadiums falls through.
- Kansas lawmakers adjourn without passing a plan to fully finance new stadiums for the Chiefs and Royals using STAR bonds.
- Missouri legislators, still in session, consider their next steps to retain the teams as Kansas' plan draws attention.
- The failed Kansas proposal, which could have covered 100% of stadium costs, raises concerns about taxpayer impact and corporate welfare.
- Governor Laura Kelly of Kansas is expected to call a special session, potentially revisiting the stadium financing issue.
- Experts debate the economic impact of such large-scale public financing, with some warning against the risks of full public funding.