The Kansas Senate has approved a bill tightening the rules for a program using bonds to help finance economic development projects.
The 34-4 vote Thursday sends the measure to the House. …
The bill imposes new requirements for so-called STAR bonds authorized by the state and paid off with sales tax revenues. Each project would be required to have an independent consulting report and a commitment from private developers to provide more than half of the financing.
(Read more: KSNT News)