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.

Leave a Comment





Latest News Stories

POLL: Voter inflation concern hits record high as prices keep climbing

POLL: Voter inflation concern hits record high as prices keep climbing

By Brett RowlandThe Center Square Voter concern about inflation and prices has surged to its highest level since The Center Square began tracking the issue. According to The Center Square...
Illinois Quick Hits: Storms cause damage, closures

Illinois Quick Hits: Storms cause damage, closures

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Severe storms on Wednesday caused damage in many areas around Illinois, including the state fairgrounds in Springfield....
Oil prices continue steady decline after Trump declares Project Freedom a success

Oil prices continue steady decline after Trump declares Project Freedom a success

By Morgan SweeneyThe Center Square The price of Brent crude oil continued a steady decline Thursday, a day after President Donald Trump announced that a secret U.S. military mission has...
Washington high court: State will strip gun rights after two DUIs

Washington high court: State will strip gun rights after two DUIs

By Andrew PaxtonThe Center Square The Washington State Supreme Court has ruled that individuals convicted of two driving under the influence offenses within seven years will be stripped of their...
Extension of pension buyout program to drop $144B liability

Extension of pension buyout program to drop $144B liability

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly passed legislation extending a program that allows retiring state employees to be paid...
Man pleads guilty in killings of Minnesota House speaker, husband

Man pleads guilty in killings of Minnesota House speaker, husband

By Elyse ApelThe Center Square A Minnesota man has pleaded guilty to killing Minnesota House Speaker Emerita Melissa Hortman and her husband, Mark. Vance Boelter appeared in federal court Thursday...
Fraud, price gauging, terrorism concerns plague World Cup debut in US

Fraud, price gauging, terrorism concerns plague World Cup debut in US

By Bethany BlankleyThe Center Square With the largest World Cup sporting event taking place in history in the United States, the Fédération Internationale de Football Association (FIFA) is already under...
Trump cancels impending strikes on Iran, final deal pending

Trump cancels impending strikes on Iran, final deal pending

By Sarah Roderick-FitchThe Center Square Strikes planned against Iran for Thursday evening have been canceled by President Donald Trump, citing a deal with the Islamic Republic close to being finalized....
FBI arrests eight accused of 'terrorizing' U-M leaders, Jewish Federation

FBI arrests eight accused of ‘terrorizing’ U-M leaders, Jewish Federation

By Elyse ApelThe Center Square Federal authorities have arrested eight people connected to the University of Michigan after a federal grand jury indicted them for threatening university officials, businesses and...
Colorado's only ICE detention center operator sues state

Colorado’s only ICE detention center operator sues state

By Zachery SchmidtThe Center Square Colorado’s new law allowing for more inspections at immigration detention centers is being challenged by a company that runs the state’s lone facility. The GEO...
U.S. House fails to renew spy powers authority as World Cup begins

U.S. House fails to renew spy powers authority as World Cup begins

By Thérèse BoudreauxThe Center Square A U.S. House vote to extend the federal government’s authority to conduct mass electronic surveillance failed Thursday. The three-week extension of Section 702 of the...
House panel opposes adding U.S. Supreme Court justices

House panel opposes adding U.S. Supreme Court justices

By Zachery SchmidtThe Center Square The U.S. House Committee on the Judiciary recently passed an Arizona congressman's resolution to keep the number of Supreme Court justices at nine. H.J. Res....
Schools face bus funding, cost challenges

Schools face bus funding, cost challenges

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Public schools are facing bus transportation challenges due to higher costs and a shortage of drivers. State...
Ohio pulls 1,200 commercial truck licenses for immigration guidelines

Ohio pulls 1,200 commercial truck licenses for immigration guidelines

By David BeasleyThe Center Square The state of Ohio is downgrading the commercial driver’s license of 1,200 foreign-born truck drivers for failing to meet new federal requirements on documenting proof...
First fugitive on FBI's 'Most Wanted Fraudsters' list surrenders in Minneapolis

First fugitive on FBI’s ‘Most Wanted Fraudsters’ list surrenders in Minneapolis

By Elyse ApelThe Center Square Federal authorities announced the first arrest from the FBI’s newly-launched “Most Wanted Fraudsters” list was made in Minneapolis. Said Abdullahi Ereg, who was indicted in...