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

Data center regulations weighed; some worry over jobs, energy, taxes

Data center regulations weighed; some worry over jobs, energy, taxes

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Major bills in both the state Senate and House may heavily regulate data centers in the state....
Illinois ranks 46th out of 50 states for financial transparency

Illinois ranks 46th out of 50 states for financial transparency

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A new report ranks Illinois 46 out of 50 states for financial transparency, partly due to the...
Solutions differ for Chicago Public Schools' potential $1B deficit

Solutions differ for Chicago Public Schools’ potential $1B deficit

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Chicago Teachers Union says the city’s public schools could face a $1 billion budget deficit if...
U.S. Supreme Court rules against trucking industry

U.S. Supreme Court rules against trucking industry

By Andrew Rice | The Center SquareThe Center Square (The Center Square) - The U.S. Supreme Court, in a unanimous decision Thursday, agreed that states can protect individuals injured in...
Illinois Quick Hits: Dems look at Chicago for national conventions

Illinois Quick Hits: Dems look at Chicago for national conventions

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The Democrat National Convention’s committee on site selection visited Chicago this week, again considered the city for...
Judge sets up high stakes baby formula NEC trial vs Mead Johnson

Judge sets up high stakes baby formula NEC trial vs Mead Johnson

By Jonathan Bilyk | Legal NewslineThe Center Square A federal judge has potentially cleared the way for another trial against pharmaceutical and nutritional supplement maker Mead Johnson & Co. over...
Casey Westfield Softball Graphic

Offensive Explosion Powers Casey-Westfield to 20-12 Victory Over Newton

CASEY, IL – In a high-scoring conference showdown, the Casey-Westfield varsity softball team outlasted Newton in a 20-12 offensive marathon on Tuesday. The Warriors' lineup was relentless, racking up 20 hits...
Illinois Quick Hits: Home insurance regulations approved by Illinois Senate

Illinois Quick Hits: Home insurance regulations approved by Illinois Senate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A bill to regulate homeowners insurance rates will be up for consideration in the Illinois House after...
Illinois Senate passes bill to regulate auto insurance rates

Illinois Senate passes bill to regulate auto insurance rates

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Senate has approved legislation to regulate auto insurance rates, but a former Illinois Department of...
Op-Ed: The FAA's O'Hare decision is a win for travelers – and for competition

Op-Ed: The FAA’s O’Hare decision is a win for travelers – and for competition

By Mario H. Lopez | Hispanic Leadership FundThe Center Square At Chicago's O'Hare International Airport, one of the nation's most critical travel hubs and a gateway for millions of passengers...
Bill to prevent fraud on elderly, disabled opposed by financial institutions

Bill to prevent fraud on elderly, disabled opposed by financial institutions

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Based on the multiple billions of dollars lost to scams and exploitation of elderly and disabled adults...

Illinois Quick Hits: Gas tops $5 a gallon

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – AAA says the average price for a gallon of regular unleaded gasoline is now $5.03 in Illinois,...
Casey Westfield Baseball Graphic

Newton Shuts Out Casey-Westfield in Conference Clash

CASEY, IL – A stellar pitching performance by C. Barthelme led Newton to a 3-0 victory over Casey-Westfield in Monday’s conference baseball matchup. Barthelme was nearly untouchable on the mound, tossing...
Casey Westfield Baseball Graphic

Casey-Westfield Baseball Powers Past Lawrenceville in 13-3 Road Win

The Casey-Westfield varsity baseball team secured a decisive 13-3 conference victory over Lawrenceville on Thursday. The Warriors’ offense set the tone early and surged late to pull away from the...
Casey Westfield Softball Graphic

Warriors Shut Out Danville in 9-0 Victory

The Casey-Westfield varsity softball team put together a complete performance on Thursday, shutting out Danville for a commanding 9-0 non-conference victory. The Warriors broke the game open early, scoring five...