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.

Leave a Comment





Latest News Stories

Illinois quick hits: Transit cliff revision criticized; Pike County shooting investigation

Illinois quick hits: Transit cliff revision criticized; Pike County shooting investigation

By Jim Talamonti | The Center SquareThe Center Square Transit cliff revision criticized With the transit fiscal cliff expected to be revised to approximately $300 million, labor and environmental groups...
Pritzker open to spending on Bears infrastructure, concerns remain about debt

Pritzker open to spending on Bears infrastructure, concerns remain about debt

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says he is open to state funding of infrastructure for a proposed Chicago Bears...
IL legislators weigh energy policy some say will increase costs

IL legislators weigh energy policy some say will increase costs

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois’ energy landscape continues to evolve as the state works to usher in industries that draw a...

NFIB says economy growing, but jobs lagging

By Brett RowlandThe Center Square The National Federation of Independent Business released it's job report Thursday afternoon noting that the federal jobs report expected Friday will likely be delayed by...
'I don't have anything to negotiate:' Johnson holds firm on GOP shutdown strategy

‘I don’t have anything to negotiate:’ Johnson holds firm on GOP shutdown strategy

By Thérèse BoudreauxThe Center Square As the government shutdown enters its second day, House Speaker Mike Johnson, R-La., defended Republican leaders’ refusal to concede to Democrats’ health care policy demands...
Analyst points to inefficiencies as Pritzker touts record spending on infrastructure

Analyst points to inefficiencies as Pritzker touts record spending on infrastructure

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – After Gov. J.B. Pritzker announced the biggest infrastructure spending plan in state history, a transportation policy director...
Federal judge blocks cuts in anti-terror funding to NYC transit

Federal judge blocks cuts in anti-terror funding to NYC transit

By Chris WadeThe Center Square A federal judge has blocked the Trump administration from withholding nearly $34 million to protect New York City's transportation system from terrorist attacks over the...
Businesses seek more time to address 'diverging interests' in tariff challenge

Businesses seek more time to address ‘diverging interests’ in tariff challenge

By Brett RowlandThe Center Square A group of small businesses that brought a legal challenge against President Donald Trump's global tariffs asked the Supreme Court for more time to argue...
Israel-Hamas peace deal in limbo as clock ticks away on deadline

Israel-Hamas peace deal in limbo as clock ticks away on deadline

By Sarah Roderick-FitchThe Center Square The clock is ticking for Hamas leaders to respond to the 20-point peace agreement proposed by President Donald Trump and approved by Israeli Prime Minister...
Trimming the fat: Trump boasts of shuttering government agencies amid shutdown

Trimming the fat: Trump boasts of shuttering government agencies amid shutdown

By Morgan SweeneyThe Center Square President Donald Trump has condemned the shutdown and laid the blame squarely at the feet of the “Radical Left Democrats”— in the meantime, he appears...
Trump freezes $18 billion in NYC infrastructure over DEI policies

Trump freezes $18 billion in NYC infrastructure over DEI policies

By Chris WadeThe Center Square The Trump administration is freezing more than $18 billion in federal funding for infrastructure projects in New York City, citing concerns about diversity, equity and...
Illinois quick hits: DHS announces more than 800 illegals arrested; utility prices drop slightly

Illinois quick hits: DHS announces more than 800 illegals arrested; utility prices drop slightly

By Jim Talamonti | The Center SquareThe Center Square Midway Blitz announces 800 illegals arrested According to the Department of Homeland Security, U.S. Immigration and Customs Enforcement and U.S. Border...
WATCH: Officials shift shutdown blame; agreed-bill process upended; GOP offers solutions

WATCH: Officials shift shutdown blame; agreed-bill process upended; GOP offers solutions

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares reaction to...
Critics: Democrat Senators supporting “Democracy’ amendment would curtail free speech

Critics: Democrat Senators supporting “Democracy’ amendment would curtail free speech

By Bethany BlankleyThe Center Square Every Democrat in the U.S. Senate has backed a constitutional amendment designed to overturn the U.S. Supreme Court decision in Citizens United v. Federal Election...
LA skyscrapers for homeless could cost federal taxpayers over $1 billion

LA skyscrapers for homeless could cost federal taxpayers over $1 billion

By Kenneth SchruppThe Center Square Federal taxpayers might be on the hook for more than $1 billion over the lifetime of three downtown Los Angeles skyscrapers designed to house the...