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Pritzker says Bears megaproject bill is in hands of state legislature

Pritzker says Bears megaproject bill is in hands of state legislature

The Illinois House Revenue and Finance Committee approved a megaprojects bill endorsed by the Bears late last month, but the plan has yet to come up for a vote on the House floor. Photo: Contributed/Hart Howerton/Chicago Bears via WAND-TV


Springfield, IL (WAND) – Gov. JB Pritzker told reporters in Springfield Tuesday that he would like to see state lawmakers pass legislation to keep the Chicago Bears in Illinois sooner rather than later.

The Illinois House Revenue and Finance Committee approved a megaprojects bill endorsed by the Bears late last month, but the plan has yet to come up for a vote on the House floor.

This proposal could allow companies working on megaprojects to have their property taxes frozen for up to 40 years and negotiate an annual smaller payment based on a weighted vote of local taxing bodies during a public hearing.

Developers would be required to sign a labor agreement and commit to having 20% of contracts provided to minority-owned organizations. The bill also allows megaprojects to be eligible for a major sales tax exemption on construction materials for up to a decade.

“It is a pretty good deal that’s been put on the table that I think seems to have support broadly by the Bears ownership,” Pritzker said. “So, it really now is in the hands of the House of Representatives and then the Senate to get something done in a timely fashion.”

The mayor of Arlington Heights has repeatedly said the pressure is on to get the stadium deal done by the end of this month. Still, multiple House Democrats are opposed to giving property tax breaks to a billion-dollar team while Illinois families are struggling.

Rep. Kam Buckner (D-Chicago) told reporters in February that he will not present the bill on the House floor until his caucus knows they have support from 60 members and concerns have been addressed.

State representatives are scheduled to be in session through Friday, while state senators are set to leave Springfield Thursday.

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