Pritzker: 'Need for speed' for megaprojects bill with tax breaks

Pritzker: ‘Need for speed’ for megaprojects bill with tax breaks

Spread the love

(The Center Square) – Gov. J.B. Pritzker says there is a need for speed when it comes to the Chicago Bears and megaprojects legislation that provides tax breaks for the National Football League team.

The governor spoke at Northwestern University in Evanston on Friday and was asked about the team wanting changes to House Bill 910.

The megaprojects bill is now in the state Senate after clearing the Illinois House last week.

“I can tell you that there is a need for speed here. We need to move somewhat expeditiously. I realize the Senate has some to work to do and there will be amendments, no doubt about it,” Pritzker said.

HB 910 provides tax incentives for the Chicago Bears and other megaprojects worth $100 million or more.

When asked by a reporter if speed might come at the expense of taxpayers, Pritzker said the Bears have been talking to lawmakers for two years.

“We’re not talking about speed here, or it shouldn’t be a discussion about speed. I think now you’ve got a bill that probably has too many items associated with it or at least some of them that need amending,” Pritzker said.

The governor was asked if he felt pressure with the NFL scheduled to discuss the Bears stadium situation at a meeting next week.

Pritzker said it’s not as if Indiana will be chosen just because Illinois doesn’t have a bill.

“Having said that, if there is not true progress that gets made, if it isn’t obvious to people that the Senate is moving in the right direction, I think that will make it challenging,” Pritzker said.

‘Field of Schemes’ co-author Neil deMause said leagues and commissioners don’t hold guns to the heads of the owners who employ them.

“If (Bears chairman) George McCaskey and the Bears ownership want to punt everything for a year because they think they can get a better deal next year, I have no doubt that the NFL will say, OK fine, let’s go ahead and do that,” deMause told The Center Square.

According to deMause, it’s standard practice for teams to set arbitrary deadlines.

Americans for Prosperity Illinois estimated that the property tax break for the Bears’ $5 billion development in Arlington Heights could reach $330 million per year.

For the proposed $20 billion One Central Development near Soldier Field in Chicago, the property tax break could be $800 million per year.

In both cases and with other megaprojects that qualify under House Bill 910, AFP Illinois said all of that money could be shifted to other taxpayers in surrounding communities.

Pritzker was also asked about the Bears’ push for infrastructure funding from the state and said the team’s request remained around $800 million.

The governor said the infrastructure projects would happen anyway for Arlington Heights and surrounding communities.

“I don’t want to overload this and make it sound like the Bears are the ones demanding all this,” Pritzker said.

Pritzker closed the question-and-answer session by reiterating his earlier statements that the number one question is what’s best for taxpayers.

Jon Styf contributed to this story.

Sat Jul 25
Patchy Fog then Partly Sunny
90° 73°

Patchy Fog then Partly Sunny

💨 5 to 10 mph 💧 2%

Leave a Comment





Latest News Stories

Med school dean questioned over antisemitism, DEI

Med school dean questioned over antisemitism, DEI

By Jim Talamonti | The Center SquareThe Center Square (The Center Squarre) – The interim dean of the University of Illinois College of Medicine testified before Congress that the school...
Illinois Quick Hits: Unemployment holds at 5.1% in Illinois

Illinois Quick Hits: Unemployment holds at 5.1% in Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Based on data from the U.S. Bureau of Labor Statistics, the Illinois Department of Employment Security says...
Ammons pleads not guilty, wants to delay House investigation

Ammons pleads not guilty, wants to delay House investigation

By Sean Reed | The Center SquareThe Center Square (The Center Square) — Illinois State Rep. Carrol Ammons, federally indicted on multiple charges of wire fraud, pleaded not guilty in...
Advocate calls for stronger IDOC oversight after payroll fraud guilty plea

Advocate calls for stronger IDOC oversight after payroll fraud guilty plea

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Calls for stronger oversight of the Illinois Department of Corrections are growing after a former department...
Illinois Quick Hits: FAFSA applications rise with increase in state taxpayer funding

Illinois Quick Hits: FAFSA applications rise with increase in state taxpayer funding

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to the National College Attainment Network’s Free Application for Federal Student Aid Tracker for the Class...
Appeals court: Chicago’s ‘climate disinformation’ case belongs in Cook County

Appeals court: Chicago’s ‘climate disinformation’ case belongs in Cook County

By Jonathan Bilyk | Legal NewslineThe Center Square (Legal Newsline) - A federal appeals court says a lawsuit brought by the city of Chicago, seeking to extract a potentially massive...
Bipartisan bill would force vote before Social Security cuts hit

Bipartisan bill would force vote before Social Security cuts hit

By Brett Rowland | The Center SquareThe Center Square (The Center Square) – A bipartisan group of senators introduced legislation that would fast-track a floor vote on Social Security's looming...
Court OKs $45M verdict in talc asbestos case, including $30M for ‘reduced lifespan’

Court OKs $45M verdict in talc asbestos case, including $30M for ‘reduced lifespan’

By Jonathan Bilyk | Legal NewslineThe Center Square (Legal Newsline) - An Illinois appeals court has thrown open a new avenue for personal injury lawyers and others to claim potentially...
Taxpayers to fund $424.9M soccer stadium infrastructure

Taxpayers to fund $424.9M soccer stadium infrastructure

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Chicago Fire may be building their own soccer stadium, but city taxpayers will be on the...
Illinois Quick Hits: Benton pulls name from ballot after resignation

Illinois Quick Hits: Benton pulls name from ballot after resignation

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Former state Rep. Harry Benton, D-Plainfield, who resigned from his seat in the Illinois House of Representatives...
Income tax cut on Missouri ballot; Illinois may see more outmigration

Income tax cut on Missouri ballot; Illinois may see more outmigration

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A ballot measure in front of Missouri voters next month could give some Illinois residents in the...
Feds: Chicago is key in trade fraud fight

Feds: Chicago is key in trade fraud fight

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Federal officials came to Illinois this week to announce the results of a major crackdown on trade...
Vance says Milwaukee mayor protesting ‘too much’ over election probe

Vance says Milwaukee mayor protesting ‘too much’ over election probe

By Benjamin YountThe Center Square Vice President JD Vance isn’t buying the outrage from Milwaukee’s mayor over the Trump Administration’s investigation into the 2020 election in Milwaukee. "I will say...
Illinois Quick Hits: $63M construction research center completed

Illinois Quick Hits: $63M construction research center completed

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – State officials have marked the completion of the $63 million Materials Testing and Research Center at Illinois...
Illinois attorney general has paid private attorneys $2 million in recent years

Illinois attorney general has paid private attorneys $2 million in recent years

By Jared Strong | The Center SquareThe Center Square (The Center Square) – Illinois' top state attorney has paid more than $2 million in the past three years to private...