The bill establishes the Kansas sports tourism grant program, which will be administered by the secretary of commerce. This program aims to provide matching grants to tourism or sports-related organizations to support and enhance sports tourism events in Kansas, thereby boosting local economies through increased out-of-state spending. Grants will be awarded on a $1-for-$1 matching basis, contingent upon a post-event analysis, and will be available for both existing and new sports events held in the state. The bill specifies that at least $250,000 of the available funds must be reserved for events in counties other than Sedgwick, Wyandotte, and Johnson.
Additionally, the bill outlines the application process for potential grant recipients, requiring detailed information about the expected economic impact and hotel occupancy related to the events. It prohibits grants for events involving major professional sports leagues and specifies allowable expenses for grant funds. The program is set to expire on June 30, 2030, at which point any remaining funds will be transferred to the state general fund. The secretary of commerce is also tasked with submitting annual reports on the program's effectiveness, including the number of grants awarded and the economic impact generated by the events.