Pritzker: 'Need for speed' for megaprojects bill with tax breaks

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

Redistricting opponents immediately appeal to CA voters

Redistricting opponents immediately appeal to CA voters

By Dave MasonThe Center Square Opponents of California’s congressional redistricting argued their case in ads that voters received in their mail immediately before or after the Legislature approved a constitutional...
Former Transportation Secretary urges state taxpayer funding for Chicago transit

Former Transportation Secretary urges state taxpayer funding for Chicago transit

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A former U.S. transportation secretary says Downstate Illinois residents should help fund Chicago transit, but a Metro...
Illinois quick hits: Education tax benefits available; Giannoulias orders license plate reader to shut off access to CBP

Illinois quick hits: Education tax benefits available; Giannoulias orders license plate reader to shut off access to CBP

By Jim Talamonti | The Center SquareThe Center Square Education tax benefits available As students across Illinois return to the classroom, Gov. J.B. Pritzker and the Illinois Department of Revenue...
WATCH: Trump order withholds funds over no-cash bail policies like Illinois'

WATCH: Trump order withholds funds over no-cash bail policies like Illinois’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Taxpayer resources should not be used to support jurisdictions with cashless bail policies, according to a new...
Trump eyes First Amendment showdown with order to prosecute flag burning

Trump eyes First Amendment showdown with order to prosecute flag burning

By Brett RowlandThe Center Square President Donald Trump signed an executive order Monday requiring federal prosecutors to investigate and prosecute people for burning the American flag, a practice the U.S....
Trump strikes positive tone with South Korean president

Trump strikes positive tone with South Korean president

By Morgan SweeneyThe Center Square Onlookers braced for another tense, confrontational meeting in the Oval Office between President Donald Trump and another world leader when, Monday morning, Trump posted to...
House Oversight Committee to investigate D.C. police over crime data

House Oversight Committee to investigate D.C. police over crime data

By Sarah Roderick-FitchThe Center Square In response to allegations that Washington, D.C.’s Metropolitan Police Department manipulated its crime data, the U.S. House Committee on Oversight and Government Reform is launching...
Twenty years later, Katrina still among Atlantic’s most deadly, costly

Twenty years later, Katrina still among Atlantic’s most deadly, costly

By Alan WootenThe Center Square Twenty years ago this Friday, Hurricane Katrina – once a Category 5 beast – made landfall as a Category 3 first in southeastern Louisiana and...
CBO says tariffs could raise $4 trillion over next decade, raise prices

CBO says tariffs could raise $4 trillion over next decade, raise prices

By Brett RowlandThe Center Square The Congressional Budget Office's estimated that President Donald Trump's tariffs could bring in $4 trillion over the next decade, but will raise consumer prices and...
IL Treasurer to work with lawmakers after Pritzker's veto of nonprofit bill

IL Treasurer to work with lawmakers after Pritzker’s veto of nonprofit bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Treasurer Michael Frerichs is promising to discuss next steps with lawmakers after Gov. J.B. Pritzker vetoed...
Democratic AGs decry 'political retaliation' against James

Democratic AGs decry ‘political retaliation’ against James

By Chris WadeThe Center Square A group of Democratic attorneys general has circled the wagons around New York Attorney General Letitia James, accusing the U.S. Department of Justice of waging...
Trump says he plans to rename Department of Defense

Trump says he plans to rename Department of Defense

By Brett RowlandThe Center Square President Donald Trump said Monday that next week the U.S. Department of Defense could once again return to an earlier name: War Department, a moniker...
WATCH: Trump moves to end cashless bail in D.C., nationwide

WATCH: Trump moves to end cashless bail in D.C., nationwide

By Sarah Roderick-FitchThe Center Square Two weeks after declaring “Liberation Day” in Washington, D.C., to combat crime, President Donald Trump signed executive orders to end cashless bail in the nation’s...
Five incidents of swatting college campuses drawing concern

Five incidents of swatting college campuses drawing concern

By Alan WootenThe Center Square Four times since Thursday major college campuses along the Atlantic Seaboard have been brought to a halt. Four times, they’ve all been a hoax, or...
WATCH: Chicago reacts to Trump’s public safety push; AI in schools; rural health care

WATCH: Chicago reacts to Trump’s public safety push; AI in schools; rural health care

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 delves into the...