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HCR 35

Urges the general assembly to appropriate money to purchase the Kansas City Chiefs and sell the team to the people of Missouri through shares

2026 Regular Session Introduced by Jim Murphy

Urges Missouri to appropriate funds to buy the Kansas City Chiefs and recoup the cost by selling team shares to Missouri residents.

Referred: Emerging Issues(H)
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Bill Summary · HCR 35

Bill Overview

  • Bill: HCR 35 (House Concurrent Resolution)
  • Session: Missouri, 2026 (Second Regular Session)
  • Purpose: Urge the General Assembly to appropriate funds to purchase the Kansas City Chiefs and to recoup that expenditure by selling shares of the team to Missouri residents.

Main Purpose and Intent

  • The resolution expresses support for appropriating money to purchase the Kansas City Chiefs.
  • It proposes that the purchase be financed through selling shares of the team to Missouri residents, with the idea that the sale of shares would recoup the funds used for the purchase.

Key Provisions

  • Authorization Request: Calls on the General Assembly to appropriate funds to acquire ownership of the Kansas City Chiefs.
  • Financing Mechanism: Specifies that the purchase should be recouped via sale of ownership shares to Missouri residents.
  • Inscription and Transmission: Directs the Chief Clerk of the Missouri House of Representatives to prepare a properly inscribed copy of the resolution for transmission to:
    • Speaker of the Missouri House of Representatives
    • President Pro Tempore of the Missouri Senate
    • Governor
    • Owners of the Kansas City Chiefs

Who/What Is Affected

  • State appropriations and budgeting mechanisms in Missouri (potentially requiring state funding for a pro football franchise acquisition).
  • Kansas City Chiefs organization (as the target of potential purchase).
  • Missouri residents (as potential buyers of team shares under the resolution’s financing approach).
  • State government officials (House Speaker, Senate President Pro Tempore, Governor) who would receive the resolution’s copy.

Procedural/Timeline Aspects

  • History:
    • Introduced and read First Time: January 15, 2026
    • Read Second Time: January 20, 2026
    • Referred to Emerging Issues (H) Committee: May 15, 2026
  • As a concurrent resolution, it expresses the stance of both chambers but does not itself enact binding law or authorize spending without separate legislation.
  • The resolution does not specify the amount of funds, the terms of the proposed purchase, valuation of the team, share price, or regulatory/antitrust considerations. It merely urges and outlines a pathway (appropriation and sale to residents) for consideration.

Notes for Consideration

  • The proposal raises questions about feasibility, market valuation of the Chiefs, regulatory approvals, and potential fiscal impact on state finances.
  • As a non-binding resolution, it reflects a policy position or sentiment of the General Assembly rather than a enacted program. Any actual purchase would require separate legislation and financing decisions.

Compiled from official sources — confirm details with the bill’s official record.

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