Kansas Gov. Signs Sports Betting Revenue-Included Tax-Cut Bill to Lure Chiefs, Royals to Sunflower State
It would take 30 years to pay back the bonds using a new sales tax in a stadium district. That includes liquor taxes in the district as well as money from thefund. Cities and counties in the stadium districts would have the ability to opt in or out of the tax program. The Royals want a new stadium while the Chiefs are seeking major upgrades to Arrowhead Stadium, but voters rejected a tax plan to fund the project initiatives.
The Chiefs and Royals are part of a pro-sports-led coalition that turned in 340,000 voter signatures to the Secretary of State’s Office in May with hopes of getting
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: