Proposed controls could slow pace of STAR bond applications

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Kansas lawmakers are about to get tough on a potent but controversial tax break that critics say has been abused over the years.

Republican leaders in the Senate have scheduled hearings for next week on legislation that would reform the STAR bonds that were used to develop Kansas Speedway and Village West in Wyandotte County and the Prairiefire development in south Overland Park.

Technically known as sales tax revenue bonds, the incentive gives developers access to state and local sales taxes to help fund major tourism projects across the state.

The special bonds also have been used to help finance . . .

SSJ

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