KC Stadium Tax Credit Plan Gets OK

1 decade 4 years 2 months ago Thursday, June 29 2006 Jun 29, 2006 Thursday, June 29, 2006 7:17:25 PM CDT June 29, 2006 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
A legislative proposal to direct money to the stadiums from the state's income tax on athletes and entertainers failed last year, so Governor Blunt backed a new plan to help fund the projects through these tax breaks. Instead of going through the Legislature, it took approval by a state department and the Missouri Development Finance Board. After hearing a presentation by Jackson County officials, the board approved it without a dissenting vote. Rural lawmaker Wes Shoemyer says he opposes spending state money for nicer stadiums when the state has pressing needs like better education and health care funding.

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