This was always a bad deal for Kansas City taxpayers . . . Sadly, 12th & Oak keeps waffling on the idea and sending mixed messages.
Here's a more strident approach to yet another corporation attempting to loot the general fund . . .
Proposed by U.S. Reps. Jackie Speier (D-Calif.), Earl Blumenauer (D-Ore.) and Don Beyer (D-Va.), the No Tax Subsidies for Stadiums Act of 2022 would kill the tax-exempt status of municipal bonds that are used to finance public sports stadiums.
If passed, it could impact the Kansas City Royals and their discussions of moving from the Truman Sports Complex to a downtown stadium.
Read more via www.TonysKansasCity.com news link . . .
KANSAS CITY, Mo. - A bill introduced in Congress could throw a curveball at future sports stadium projects. Proposed by U.S. Reps. Jackie Speier (D-Calif.), Earl Blumenauer (D-Ore.)