- Introduced -

SB 1162 - This act authorizes annual appropriations of up to $9.8 million to fund projects undertaken and partially funded by a retail sales tax relating to the Kansas and Missouri Metropolitan Cultural District. Appropriated moneys shall only be used if the cumulative annual sales tax revenue generated exceeds the cumulative annual appropriation. No moneys shall be appropriated until the cultural district retail sales tax is renewed or extended.

No moneys shall be appropriated for the benefit of a sports stadium until after the current lease agreement is renewed or extended.

Moneys in the fund will not lapse at the end of the biennium and interest earned on the fund will be credited to the fund.

CINDY KADLEC