New Bears bill introduced for Arlington Heights

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

Researchers put a number on how much debt U.S. can carry

Researchers put a number on how much debt U.S. can carry

By Brett RowlandThe Center Square The United States has about 20 years to change course on its national debt before it reaches the estimated limits of its debt capacity, according...
Illinois to regulate intoxicating hemp products, loosen up on cannabis

Illinois to regulate intoxicating hemp products, loosen up on cannabis

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Headed to the governor’s desk is legislation that will regulate and restrict some intoxicating hemp products and...
Nevada gubernatorial candidates clash over Trump's policies

Nevada gubernatorial candidates clash over Trump’s policies

By Liam HibbertThe Center Square Nevada’s gubernatorial primaries are teasers to a competitive November election that is expected to be decided by narrow margins in the swing state. Gov. Joe...
Feds cut funding for Hawaii Medicaid fraud unit

Feds cut funding for Hawaii Medicaid fraud unit

By Andrew RiceThe Center Square Federal officials decertified Hawaii's Medicaid Fraud Control Unit on Thursday, citing concerns over a lack of accountability in the program. Every state that administers Medicaid...
Two Democrats, two Republicans seek attorney general seat

Two Democrats, two Republicans seek attorney general seat

By Liam HibbertThe Center Square Editor's note: This is part of a series previewing the congressional and statewide races in the Nevada primary election, set for June 9. The election...
Democrats condemn Minnesota GOP convention tribute to Derek Chauvin

Democrats condemn Minnesota GOP convention tribute to Derek Chauvin

By Elyse ApelThe Center Square Republicans are facing backlash after delegates at the Minnesota Republican Party's state convention voted to hold a moment of silence for former Minneapolis police officer...
Questions loom after data center legislation stalls

Questions loom after data center legislation stalls

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The speaker of the Illinois House says he thinks state lawmakers will eventually pass data center regulations,...
Feds charge 14 in Ohio fraud schemes, totaling $50M

Feds charge 14 in Ohio fraud schemes, totaling $50M

By Andrew RiceThe Center Square Federal prosecutors announced charges against 14 individuals in Ohio on allegations of fraud totaling as much as $50 million. Two state employees were included in...
U.S. Supreme Court rules in favor of generic drug patents

U.S. Supreme Court rules in favor of generic drug patents

By Andrew RiceThe Center Square The U.S. Supreme Court, in a unanimous decision on Thursday, ruled that a cardiovascular drugmaker did not violate America's patent laws. The ruling could allow...
Former HHS secretary tied to company that could benefit from CMS screening proposal

Former HHS secretary tied to company that could benefit from CMS screening proposal

By Tom JoyceThe Center Square A proposed federal rule that would expand Medicare coverage for certain colorectal cancer screening tests could benefit a company whose board includes former U.S. Health...
Supreme Court rules against Verizon, AT&T over privacy penalties

Supreme Court rules against Verizon, AT&T over privacy penalties

By Andrew RiceThe Center Square The U.S. Supreme Court, in an 8-1 decision on Thursday, ruled that the Federal Communication Commission did not need to involve a jury in multimillion...
Illinois quick hits: Stop child care scams act clears U.S. House, Illinois U.S. Reps introduce immigrant due process bill

Illinois quick hits: Stop child care scams act clears U.S. House, Illinois U.S. Reps introduce immigrant due process bill

By Jim Talamonti | The Center SquareThe Center Square Stop child care scams act clears U.S. House The U.S. House of Representatives has passed Illinois Congresswoman Mary Miller’s legislation aimed...
Trump to tap Blanche as attorney general

Trump to tap Blanche as attorney general

By Sarah Roderick-FitchThe Center Square After serving as acting attorney general for more than two months, President Donald Trump says he plans to nominate Todd Blanche as attorney general. Trump...
Trump signs executive orders on customs, federal workforce reforms

Trump signs executive orders on customs, federal workforce reforms

By Morgan SweeneyThe Center Square A year and a half and over 260 executive orders into his second term, President Donald Trump signed several more executive orders Wednesday, including one...
McCuskey eyes delay, reversal of furnace, water heater rules

McCuskey eyes delay, reversal of furnace, water heater rules

By Chris Dickerson | Legal NewslineThe Center Square West Virginia Attorney General J.B. McCuskey has submitted a formal comment letter to U.S. Department of Energy Secretary Chris Wright urging the...