Chicago Bears: Illinois now considering giving team a special break
With the Illinois spring legislative session set to end on Sunday, some lawmakers are considering giving into the Chicago Bears‘ demands for a megaprojects bill that would allow the team to build at Arlington Heights.
As of Tuesday, the Senate had not scheduled a committee for the bill that passed the House in April. Illinois Gov. JB Pritzker has urged lawmakers to pass the bill this spring. The Bears are seeking added amendments to the bill that passed the House, seeking infrastructure funding and a break on property taxes.
The Bears don’t have time to waste on the matter. The NFL Stadium Committee expects to know by this summer if the team plans to build at Arlington Heights or Hammond, Indiana.
Per Justin Laurence of Crain’s Chicago Business, lawmakers are considering tailoring the bill just for the Bears. That would mean a statewide PILOT bill would come at a later date.
“New: IL lawmakers are considering tailoring the megaprojects bill specifically for the Bears in Arlington Heights, punting negotiations on a statewide PILOT incentive until later,” Laurence posted on X. “Only one option among many, but sign of the hectic scrambling to get something done this week.”
As Laurence notes, tailoring the bill to the Bears would undermine many lawmakers’ greater argument about passing megaprojects legislation, that the bill was supposed to be for other business in the state, and not just a handout for the Bears.
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“Disagreements over the new subsidy, which would allow developers to freeze their property tax bill and instead negotiate a payment in lieu of taxes, are hard to overcome,” he wrote. Narrowing focus to Bears solves some problems and presents others…
“Mainly that the PILOT program has been sold as a statewide economic development tool for years, not solely a subsidy for an NFL team.”
At least the bill is being outed for what it is–a handout to the Bears. While a future PILOT bill might pass, it likely wouldn’t have the sweet incentives Illinois is willing to give out to keep the NFL team in its borders.
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Source: https://www.chicitysports.com/chicago-bears-illinois-now-considering-giving-team-a-special-break/
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