The bill establishes the Kansas Sports Tourism Grant Program, which aims to provide financial support to tourism and sports-related organizations to enhance sports tourism events in Kansas. The program will be administered by the Secretary of Commerce and a newly formed Kansas Sports Tourism Grant Committee, which will consist of various appointed members, including legislative leaders and appointees from the governor and legislative leaders. The committee will review grant applications, determine recipients, and oversee the allocation of funds, with specific percentages designated for events generating significant economic impact.

The bill outlines the criteria for grant applications, including the requirement for events to be held in Kansas and the necessity for grant sponsorship. It specifies the maximum grant amounts based on the expected economic impact of the events, with a total annual cap of $3,575,000 for all grants awarded. Additionally, the bill mandates that recipients provide post-event reports detailing economic impacts and expenses incurred. The Kansas Sports Tourism Program Grant Fund will be established to manage the funds, with a scheduled transfer of $3,575,000 from the state economic development initiatives fund to support the program.