tax incentive

The Fortune 500 company Fiserv wants to lease out two existing buildings at the former Sprint campus, with plans to employ 2,000 employees. It's requested what amounts to a roughly 40%, 10-year property tax rebate.

The bill’s fiscal impact note estimates that removing the capital gains tax on personal income alone would represent a loss of over $100 million to the state’s general revenue fund each year.

Pregnancy resource centers have proven controversial around the country, accused of providing women with inaccurate medical information in an effort to discourage them from seeking abortions.

Critics of the affordable housing tax credit argue it is costing Kansas too much money. But supporters say it's helping construct new homes amid a housing shortage that’s driving up the costs of homes and contributing to homelessness.

Kansas City’s new streetcar has spurred the construction of more than 1,400 new apartment units along Main Street since 2017. These are some of the highlights, including historic renovations and new buildings.

Home and rental prices have skyrocketed in recent years because of a housing shortage. That’s leading to a rise in homelessness and could be hurting the economy.

The proposed project at the corner of 119th Street and Renner Boulevard centers around an 18-acre, "ultra accessible" amusement park, a 5,000-seat multi-sport complex, and a hotel.

Mac Properties will receive a 15-year tax incentive after approval from the Planned Industrial Expansion Authority. Midtown residents and Kansas City Public Schools criticized a tax break for a development that doesn't include affordable housing, while Mac and supporters said it could ease housing pressures and bring new life to the area.

A New York developer plans to renovate several historic buildings into apartments and office space, in addition to new construction. The city has provided millions in tax breaks and financing to make the project possible.

Advocates say homelessness in Kansas is mainly caused by a lack of affordable housing, not issues like mental health. Efforts to increase housing stock have built thousands of new units, but it’s not enough, and some communities oppose new developments.

Missouri Gov. Mike Parson says he's not worried about Kansas' effort to poach the Kansas City Chiefs and Royals. But he says Missouri will put together its own offer, if the teams make information public beforehand about their proposed stadium locations and costs.

STAR bonds, or sales tax and revenue bonds, pay for tourist attractions and then use the sales taxes collected at those attractions to pay off the construction debt. But Kansas has a mixed record on STAR bond projects, and the state has never used them to subsidize an NFL or MLB team before.