Overview
- The Senate backed over $100 million in aid for tornado-ravaged St. Louis and authorized hundreds of millions more in bonds and tax credits to secure new or renovated stadiums for the Chiefs and Royals.
- Chiefs and Royals must choose between Missouri’s counterproposal and Kansas’ end-of-June offer, with the Kansas plan funding up to 70% of new stadium costs.
- Missouri’s deal includes bonds covering up to 50% of project expenses, $50 million in state tax credits and potential property tax breaks for homeowners.
- Jackson County voters rejected a sales tax extension in April 2024, prompting Kansas lawmakers to authorize their own stadium bonds last year.
- Both teams play under leases running through January 2031, and Chiefs lobbyists say a stay in Missouri could trigger a $1.15 billion renovation of Arrowhead Stadium.