Will the Royals stadium funding deal become law in Kansas City?
·PoliticsIf an ordinance authorizing execution of a binding funding agreement committing at least $500 million in City funding to a new Kansas City Royals ballpark, not conditioned on any subsequent voter approval is enacted in Kansas City, Missouri before Oct 1, 2026, then the market resolves to Yes.
Enactment requires completion of all constitutional and legal requirements for the legislation to become binding law. Standard legislation requiring executive approval: final passage by all required legislative bodies, executive signature OR becoming law despite executive inaction OR successful veto override, and satisfaction of any required waiting periods Legislation not requiring executive approval: final passage and completion of required waiting periods Constitutional amendments: passage with required supermajorities and completion of ratification processes Executive orders: official signature, publication in official government records, and legal effectiveness The following do NOT constitute enactment: Legislative passage without completed executive action Passage by only some required bodies Provisional passage Non-binding resolutions Draft orders Enactment occurs when all requirements are completed, regardless of pending judicial challenges.
