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Missouri House approves financial aid for Chiefs and Royals stadiums to keep teams in state.
The Missouri House has approved a financial aid package to help fund new or renovated stadiums for the Kansas City Chiefs and Royals, aiming to prevent them from leaving for Kansas.
Backed by Republican Governor Mike Kehoe, the plan allows the state to issue bonds worth up to half the cost of the stadium projects and tax credits of up to $50 million, without specifying total costs or locations.
The Senate must approve the plan before a Friday deadline, as Missouri races to counter Kansas's own incentives package.
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La Cámara de Missouri aprueba ayudas financieras para los estadios de los Chiefs y los Royals para mantener a los equipos en el estado.