New Bears bill introduced for Arlington Heights

New Bears bill introduced for Arlington Heights

Spread the love

(The Center Square) – A state representative has filed new legislation aimed at keeping the Chicago Bears in Illinois, but Gov. J.B. Pritzker says the Bears have to decide what they want first.

State Rep. Martin McLaughlin, R-Barrington Hills, filed the Taxpayer and Investment Protection Act on Monday.

House Bill 5797 applies to private developments with more than $2.5 billion of investments located in counties with more than one million people.

The proposal calls for the state to spend $1.2 billion on infrastructure for a Bears-owned stadium and surrounding development.

McLaughlin said the bill includes a negotiated property tax up front, based on the Bears’ $200 million land purchase in Arlington Heights.

“What that would be going forward, whether it’s three or four or $500 million, they set a 2.5% tax rate, and that goes up each and every year for 30 years,” McLaughlin told The Center Square.

McLaughlin said a third-party auditor would review the Bears, the state and local taxing bodies to prevent cost shifting.

“They’ll be called out on an annual basis, and that’s where the protection is. There’s an audit that’ll be done each and every year, so it’s a straight business deal. There’s no gimmicks,” McLaughlin said.

When asked by The Center Square on Tuesday about McLaughlin’s proposal, Gov. J.B. Pritzker said the Bears need to express what they want in two bills that already passed separately in the House and the Senate.

“So just randomly putting a bill in that might be your idea or Representative McLaughlin’s idea doesn’t necessarily solve the problem of what the Bears may want,” Pritzker said at a budget-signing event in Chicago.

McLaughlin said he wanted to move a bill forward because the idea that Chicago is still in play is now over, but Chicago Mayor Brandon Johnson said on Tuesday his city is not off the table.

State Rep. Dan Ugaste, R-Geneva, is also expected to file Bears stadium-related legislation this week.

Illinois House Speaker Emanuel “Chris” Welch, D-Hillside, said it’s important to find out if all involved stakeholders can agree on a bill before considering a special session of the legislature.

“I think Illinois is still the place the Bears want to be,” Welch said.

⚠️ Hydrologic Outlook issued June 21 at 3:59AM CDT by NWS Chicago IL
⚠️ Hydrologic Outlook issued June 20 at 2:22PM CDT by NWS Chicago IL
Today Jun 20
Rain Showers
72° 58°

Rain Showers

💨 0 to 15 mph 💧 97%

Leave a Comment





Latest News Stories

Miller-Meeks, Bohannan to face off again in November

Miller-Meeks, Bohannan to face off again in November

By Andrew RiceThe Center Square Voters across Iowa selected partisan candidates on Tuesday night in races that could determine control of Congress. U.S. Rep. Mariannette-Miller Meeks will face off against...
Gulf allies targeted by Iran as strikes continue despite ceasefire

Gulf allies targeted by Iran as strikes continue despite ceasefire

By Sarah Roderick-FitchThe Center Square Despite the ongoing ceasefire between the U.S. and Iran, the two countries exchanged fire once again, with the Islamic Republic targeting regional neighbors. U.S. Central...
U.S. Supreme Court approves Alabama redistricting map

U.S. Supreme Court approves Alabama redistricting map

By Andrew RiceThe Center Square The U.S. Supreme Court allowed Alabama to move forward with an altered election map, that costs taxpayers an additional $4.45 million. Justices on the high...
Illinois slaps limits on non-lawyer investor power in law firms

Illinois slaps limits on non-lawyer investor power in law firms

By Jonathan Bilyk | Legal NewslineThe Center Square Illinois has become the latest state to restrict the involvement of private equity and other non-lawyer interests in owning or running law...
Trump rolls back tariffs on farm equipment, HVAC systems

Trump rolls back tariffs on farm equipment, HVAC systems

By Brett RowlandThe Center Square President Donald Trump reduced tariffs on certain agricultural equipment, residential air conditioning systems and industrial machinery, marking the second rollback of import taxes since returning...
Law firm: California's gender policies violate Constitution

Law firm: California’s gender policies violate Constitution

By Chris WoodwardThe Center Square A law firm is putting California Attorney General Rob Bonta on notice about keeping parents in the dark about their children's gender transitions. Liberty Justice...
Group challenges gender policies in New Mexico schools

Group challenges gender policies in New Mexico schools

By Esther WickhamThe Center Square As New Mexico students continue to rank among the lowest in the nation in academic proficiency, some parents are questioning why gender ideology has become...
Supreme Court rules for Texas in Rio Grande River lawsuit

Supreme Court rules for Texas in Rio Grande River lawsuit

By Bethany BlankleyThe Center Square The U.S. Supreme Court has handed Texas a win in a lawsuit first brought by Gov. Greg Abbott when he was attorney general. Abbott was...
Trump appoints housing regulator as acting spy chief

Trump appoints housing regulator as acting spy chief

By Brett RowlandThe Center Square President Donald Trump on Tuesday named Federal Housing Finance Agency Director William Pulte as acting director of national intelligence, placing a housing-finance regulator with no...
Mullin defends $118B Homeland Security budget request

Mullin defends $118B Homeland Security budget request

By Andrew RiceThe Center Square Markwayne Mullin, secretary for the U.S. Department of Homeland Security, defended the agency’s $118.3 billion budget request Tuesday. Mullin, a former U.S. Senator from Oklahoma,...
Bill loosens in-state tuition requirements

Bill loosens in-state tuition requirements

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Some students from outside the Land of Lincoln may soon pay in-state tuition at Illinois public universities...
Illinois Quick Hits: Nine arrested during Naperville teen gathering

Illinois Quick Hits: Nine arrested during Naperville teen gathering

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Naperville Police say they arrested nine people and issued almost three dozen citations after large groups of...
Rubio provides few answers to Congress on Iran conflict timeline

Rubio provides few answers to Congress on Iran conflict timeline

By Thérèse BoudreauxThe Center Square With the U.S.-Iran conflict approaching the 100-day mark, Secretary of State Marco Rubio defended the Trump administration’s military strategy before a committee of U.S. lawmakers...
Pritzker housing proposal partly stalls amid overreach concerns from localities

Pritzker housing proposal partly stalls amid overreach concerns from localities

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Though the entire affordable housing initiative from Gov. J.B. Pritzker didn’t make it through the General Assembly...
HUD shifts $4B homelessness program from 'Housing First' to treatment

HUD shifts $4B homelessness program from ‘Housing First’ to treatment

By Tim ClouserThe Center Square The U.S. Department of Housing and Urban Development announced a $4 billion funding opportunity for homelessness services on Monday, shifting away from the Housing First...