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

WATCH: Border czar Homan considered turning Trump’s offer down

By Greg BishopThe Center Square Tom Homan, President Donald Trump's border czar, addressed the State Freedom Caucus Foundation Friday night in Dallas.

WATCH: DeSantis addresses State Freedom Caucus Foundation

By Greg BishopThe Center Square Florida Gov. Ron DeSantis addressed the State Freedom Caucus Foundation Friday night in Dallas.
Higher ed spending up as enrollment plummets at Illinois universities

Higher ed spending up as enrollment plummets at Illinois universities

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A former state lawmaker says Illinois is now tops in the nation on per-student spending in higher...
World's largest retailer struggles to keep costs down as tariffs hit

World’s largest retailer struggles to keep costs down as tariffs hit

By Brett RowlandThe Center Square The world's largest retailer says it's doing everything it can to keep prices low as its costs increase each week due to the tariffs at...
Northwestern president steps down amid federal funding cuts

Northwestern president steps down amid federal funding cuts

By Esther Wickham | The Center SquareThe Center Square (The Center Square) - Northwestern University President Michael Schill resigned this week amid the federal funding freeze by the Trump administration....
Push to ban stock trading by Congress follows IL rep’s reported violations

Push to ban stock trading by Congress follows IL rep’s reported violations

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – After an Illinois congressman reportedly broke the law with late disclosures of stock trades, another member of...
Illinois quick hits: Giannoulias orders village to stop sharing data with CBP

Illinois quick hits: Giannoulias orders village to stop sharing data with CBP

By Jim Talamonti | The Center SquareThe Center Square License plate camera data Illinois Secretary of State Alexi Giannoulias has ordered the Village of Forest Park and Motorola Solutions to...
Legislation to end cashless bail in D.C., nationwide introduced in Senate

Legislation to end cashless bail in D.C., nationwide introduced in Senate

By Sarah Roderick-Fitch | The Center SquareThe Center Square (The Center Square) – Nearly two weeks after President Donald Trump issued executive orders to take steps to eliminate cashless bail...
Chicago ranks near bottom in survey of best and worst run cities

Chicago ranks near bottom in survey of best and worst run cities

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – The city of Chicago ranks near the bottom in the new Best & Worst-run cities in...
WATCH: Pritzker to sue ‘immediately’ if Trump sends guard; GOP AG candidate profile

WATCH: Pritzker to sue ‘immediately’ if Trump sends guard; GOP AG candidate profile

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 delivers the latest...
Illinois quick hits: Northwestern president resigns; unemployment claims rise

Illinois quick hits: Northwestern president resigns; unemployment claims rise

By Jim Talamonti | The Center SquareThe Center Square U OF I Medicine investigated for antisemitism University of Illinois College of Medicine officials have until Monday, Sept. 8, to produce...
WATCH: Pritzker: Will go to court 'immediately' if Trump deploys National Guard

WATCH: Pritzker: Will go to court ‘immediately’ if Trump deploys National Guard

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says he will go to court if President Donald Trump sends the National...
House Oversight Committee releases trove of Epstein documents

House Oversight Committee releases trove of Epstein documents

By Sarah Roderick-FitchThe Center Square More than 33,000 pages related to the Jeffrey Epstein case have been released by the U.S. Department of Justice after the House Committee on Oversight...
WATCH: Trump says 'we’re going in' as Pritzker pushes for money instead of troops

WATCH: Trump says ‘we’re going in’ as Pritzker pushes for money instead of troops

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – President Donald Trump has promised to send federal crime-fighting help to Chicago, but Illinois Gov. J.B. Pritzker...

WATCH: Trump to push Supreme Court for quick ruling on tariff authority

By Brett RowlandThe Center Square President Donald Trump said Tuesday that his administration will ask the U.S. Supreme Court on Wednesday to quickly take up his appeal on tariff authority...