Kansas Leaders Set Monday Meeting to Weigh Bonds for Chiefs Stadium Deal

Overview

• Kansas’ Legislative Coordinating Council will consider Sales Tax and Revenue/STAR bond agreements with the Chiefs on Monday, its final scheduled meeting of the year.
• The Kansas Department of Commerce said the state is in active discussions with the team, noting no final agreement has been reached.
• The plan under discussion is tied to a new stadium site near the Legends/Village West area in Kansas City, Kansas, with reporting that land talks involve NASCAR near Kansas Speedway.
• The Chiefs recently sought design proposals for a domed stadium, and a deal reached soon could align a potential opening with the team’s leases expiring in Jackson County in 2031.
• Missouri continues to push a competing package offering bonds up to roughly half the cost plus tax credits, as Kansas leaders including Senate President Ty Masterson promote a bid that they say avoids raising taxes.