Legislation introduced in the Missouri Senate aims to provide state support for local incentives to fund professional sports franchises in Missouri. The Missouri Entertainment Facility – Capital Assistance Program (MEF-CPA) Act, sponsored by Sen. Barbara Washington, Rep. Sherri Gallick, and Rep. Mark Sharp, would create a program to assist in financing sports facilities in the state.
This bill comes as talks continue about the future stadium plans for the Kansas City Chiefs and Kansas City Royals. State and local leaders have been meeting to discuss keeping both teams in Missouri. Governor Mike Kehoe recently met with leaders from the Royals to gain a better understanding of their positions.
Kansas City Mayor Quinton Lucas praised the introduction of the bill, stating that the Kansas City Royals and the Kansas City Chiefs are vital to the city. He believes that the legislation will provide cities in Missouri with the necessary tools to retain professional franchises, attract new tenants, and maintain high-quality venues.
The bill is said to contain strong taxpayer protections, including caps on public support and requirements for private financial commitments from franchises seeking state funding. While the exact details of the legislation were not immediately available, the filing of this bill represents a significant step towards supporting professional sports in Missouri.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
