Thursday, June 23, 2022

Parson signs bill exempting World Cup tickets from state, local sales taxes


(From Gov. Mike Parson)

Today, Governor Mike Parson signed Senate Bill (SB) 652 into law, which exempts 2026 FIFA World Cup tickets from Missouri state and local sales taxes.

"We are thrilled that Kansas City has been chosen as a host city for the 2026 World Cup, and we are signing this legislation today to show our appreciation and fulfill our obligation as good hosts," Governor Parson said. 

"Not only will we welcome hundreds of thousands of fans but also hundreds of millions of dollars in investment to the Kansas City region and Missouri. 








"Kansas City is at the heart of our nation's heartland and, as the only host city in the Midwest, will be a proud representative of Midwestern hospitality and our sports loving traditions. We look forward to welcoming the world to Kansas City to help deliver the largest World Cup in history."

"The positive economic impact of this event will be felt throughout the entire state," Missouri Senate Minority Leader John Rizzo said. "As the only midwestern city selected, we have a great responsibility, and I know we'll rise to the occasion."








"This is such a huge accomplishment for our state and Kansas City," said Missouri State Representative Jon Patterson. "To think that people from all over the world are going to come to Kansas City to watch the World Cup is so exciting. I know we are up to the challenge for being a great host city."

SB 652 authorizes state and local sales tax exemptions on tickets sold to attend the 2026 FIFA Word Cup matches held in Kansas City. The sales tax exemption was a requirement for Kansas City to be selected a 2026 World Cup host city, which is expected to generate nearly $700 million in economic activity for the region.

To learn more about SB 652, click here.

No comments: