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

Oil prices fall as Trump, Iran say Strait of Hormuz is 'fully open'

Oil prices fall as Trump, Iran say Strait of Hormuz is ‘fully open’

By Sarah Roderick-FitchThe Center Square The Strait of Hormuz is fully opened, Iranian officials and President Donald Trump said Friday, sending oil prices down. Iran closed the strait near the...
US-Asia Fair Market Alliance launches, urges probe into digital trade practices in Asia

US-Asia Fair Market Alliance launches, urges probe into digital trade practices in Asia

By Tom JoyceThe Center Square (The Center Square ) – A new policy coalition launched this week, calling on federal officials to investigate what it says is discriminatory treatment of...
Fugitives arrested in New England sanctuary jurisdictions wanted on homicide charges

Fugitives arrested in New England sanctuary jurisdictions wanted on homicide charges

By Bethany BlankleyThe Center Square Fve fugitives have been arrested in New England sanctuary jurisdictions within the past few weeks who are wanted for murder or homicide in their home...
ICE director stepping down

ICE director stepping down

By Sarah Roderick-FitchThe Center Square The Department of Homeland Security will see another leadership change as Todd Lyons, acting director of Immigration and Customs Enforcement, will step down May 31....
Ex-Dem Rep. Stoneback can’t sue gun control group, current Rep. Olickal over NRA smears

Ex-Dem Rep. Stoneback can’t sue gun control group, current Rep. Olickal over NRA smears

By Jonathan Bilyk | Legal NewslineThe Center Square An Illinois gun control activist group and a current Illinois Democratic state lawmaker appear poised to ultimately prevail over a former Democratic...
Illinois leaders sweat over tight budget; GOP wants more cuts

Illinois leaders sweat over tight budget; GOP wants more cuts

By Sean Reed | The Center SquareThe Center Square (The Center Square) – State legislative leaders from both parties spoke to the Illinois Chamber of Commerce about the broad state...
Pritzker: Swipe fee ban works, banking groups, feds push for repeal

Pritzker: Swipe fee ban works, banking groups, feds push for repeal

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says he hopes the federal government does what’s best for consumers and businesses as...
Illinois Quick Hits: State unemployment rate hits 5%

Illinois Quick Hits: State unemployment rate hits 5%

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Department of Employment Security says the state’s unemployment rate reached 5% in February, up 0.1...
Pritzker wants Bears legislation to move faster; tax questions loom large

Pritzker wants Bears legislation to move faster; tax questions loom large

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says he would like the General Assembly to move faster on legislation for the...
Illinois Quick Hits: Chicago charter schools CEO charged

Illinois Quick Hits: Chicago charter schools CEO charged

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A federal grand jury has indicted a former Chicago charter school network CEO for allegedly misappropriating more...
FTC takes action against ad giants for avoiding certain sites

FTC takes action against ad giants for avoiding certain sites

By Jay Brown | Legal NewslineThe Center Square WASHINGTON - The Federal Trade Commission and eight states have sued three of the country’s largest advertising agencies for allegedly conspiring not...
Illinois Quick Hits: Feds put card swipe fees prohibition on hold

Illinois Quick Hits: Feds put card swipe fees prohibition on hold

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The U.S. Treasury Department’s Office of the Comptroller of the Currency has released notice of a pending...
Calif. climate change lawsuits paused during SCOTUS review

Calif. climate change lawsuits paused during SCOTUS review

By John O’Brien | Legal NewslineThe Center Square Lawsuits over climate change in California will be on hold while the U.S. Supreme Court decides whether they can be pursued. San...
U.S. will strike Iran infrastructure with no deal, Hegseth warns

U.S. will strike Iran infrastructure with no deal, Hegseth warns

By Andrew RiceThe Center Square The U.S. military is prepared to strike Iran's energy infrastructure if it does not agree to a peace deal, War Secretary Pete Hegseth said on...
New North Carolina law, question on facts pivotal to Mosley appeal

New North Carolina law, question on facts pivotal to Mosley appeal

By Alan WootenThe Center Square Action by North Carolina’s General Assembly has changed the timing for medical malpractice, and enough evidence to ask a jury to resolve contested facts favor...