Marina
Missouri Governor Mike Kehoe has announced a special legislative session starting June 2, 2025, aiming to address critical issues including disaster relief, funding for major infrastructure projects, and, notably, a stadium funding plan to retain the Kansas City Chiefs and Royals.
Stadium Funding: A Crucial Decision
The proposed stadium funding plan involves the state issuing bonds to cover up to 50% of the costs for new or renovated stadiums for the Chiefs and Royals.
This initiative comes in response to Kansas offering to fund up to 70% of similar projects, creating a competitive environment to retain these teams.
The Chiefs contribute approximately $575 million annually to Missouri’s economy, supporting over 4,500 jobs and generating nearly $30 million in state tax revenue.
A new Royals ballpark district is projected to support 8,400 jobs and produce $1.2 billion in annual economic output.
Key Details of the Special Session
| Issue | Details |
|---|---|
| Stadium Funding Plan | State to issue bonds covering up to 50% of stadium costs; includes up to $50 million in tax credits. |
| Economic Impact | Chiefs: $575 million annually; Royals: $1.2 billion annually. |
| Disaster Relief | $25 million allocated to Missouri Housing Trust Fund; $5,000 tax deduction for tornado victims. |
| Infrastructure Projects | Funding for a new mental health hospital in Kansas City and a nuclear research facility at the University of Missouri. |
| Session Duration | Begins June 2, 2025; can last up to 60 days as per state law. |
Governor Kehoe’s special session represents a pivotal moment for Missouri, balancing immediate disaster relief needs with long-term economic considerations tied to the Chiefs and Royals. The outcomes of this session will shape the state’s economic and cultural landscape for years to come.