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Kansas lawmakers propose a $3B public stadium for the Chiefs, backed by tax-exempt bonds and bypassing bidding, sparking debate over cost and benefits.
The Kansas House introduced HB 2793, creating a state sports authority to build a $3 billion publicly owned stadium for the Kansas City Chiefs, a move necessary to avoid federal income tax on $1.8 billion in state bonds.
The nine-member authority, appointed by the governor and legislative leaders by August 31, would own the stadium, operate tax-exempt, and bypass competitive bidding.
The Chiefs would lease the stadium and keep all revenue.
The bill, fast-tracked in the final weeks of the 2026 session, faces opposition from some lawmakers who call it a costly giveaway with unclear economic benefits.
The sales tax district boundaries funding the project remain unspecified.
Los legisladores de Kansas proponen un estadio público de 3 mil millones de dólares para los Chiefs, respaldado por bonos exentos de impuestos y eludiendo la licitación, provocando un debate sobre costos y beneficios.