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.

⚠️ Hydrologic Outlook issued June 8 at 12:44PM CDT by NWS Chicago IL
Mon Jun 8
Chance Showers And Thunderstorms then Slight Chance Showers And Thunderstorms
86° 69°

Chance Showers And Thunderstorms then Slight Chance Showers And Thunderstorms

💨 5 to 10 mph 💧 29%

Leave a Comment





Latest News Stories

DOJ to face audit for handling of Epstein files release

DOJ to face audit for handling of Epstein files release

By Thérèse BoudreauxThe Center Square Following the drawn-out and politically calamitous release of millions of federal documents related to the exploits of sex trafficker Jeffrey Epstein, the Department of Justice...
ISU strike enters third week; union sues over alleged strikebreaking

ISU strike enters third week; union sues over alleged strikebreaking

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Union support staff at Illinois State University has entered a third week on strike over failed contract...
Trump extends Jones Act waiver, citing national securit

Trump extends Jones Act waiver, citing national securit

By Alton WallaceThe Center Square The Trump administration has suspended for an additional 90 days a law forbidding foreign-owned and crewed ships from transporting goods between U.S. ports in an...
Trump admin continues to crack down on fraudulent visa schemes

Trump admin continues to crack down on fraudulent visa schemes

By Bethany BlankleyThe Center Square The Trump administration is continuing to crack down on fraudulent visa schemes that are occurring nationwide. In New Jersey, a Korean man pleaded guilty to...
Virginia 1 of 4 in courtroom battles for congressional redistricting

Virginia 1 of 4 in courtroom battles for congressional redistricting

By Shirleen GuerraThe Center Square Less than 100 days into Gov. Abigail Spanberger’s administration, Virginia’s redistricting fight is unfolding across multiple fronts, from the ballot box to the Legislature and...
Illinois Quick Hits: State gaming board renew Rockford casino license

Illinois Quick Hits: State gaming board renew Rockford casino license

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Gaming Board has renewed Hard Rock Casino Rockford’s license for four years, retroactive to January...
Arizona GOP pushes to protect Colorado River's limited water

Arizona GOP pushes to protect Colorado River’s limited water

By Zachery SchmidtThe Center Square Arizona Republicans are seeking to protect the Colorado River as its water supply continues to dwindle. State Senate President Warren Petersen, R-Gilbert; state House Speaker...
Republicans challenge Clyde in Georgia's 9th District

Republicans challenge Clyde in Georgia’s 9th District

By Andrew RiceThe Center Square Incumbent Rep. Andrew Clyde, R-Ga., is facing a primary challenger in his bid to hold on to his 9th District post. Sam Couvillon and Joel...
Fort Bragg soldier’s case continues Tuesday in New York

Fort Bragg soldier’s case continues Tuesday in New York

By Alan WootenThe Center Square An enlisted soldier at Fort Bragg was granted $250,000 bond release on Friday and will have his charges of using classified information to win $400,000...
Justice Department drops Federal Reserve probe, kicks to watchdog

Justice Department drops Federal Reserve probe, kicks to watchdog

By Brett RowlandThe Center Square U.S. Attorney for D.C. Jeanine Pirro said Friday she is closing the Justice Department's criminal investigation into Federal Reserve Chair Jerome Powell, days after a...
Pritzker: 'Need for speed' for megaprojects bill with tax breaks

Pritzker: ‘Need for speed’ for megaprojects bill with tax breaks

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says there is a need for speed when it comes to the Chicago Bears...
NYC schools probed over claims of antisemitism

NYC schools probed over claims of antisemitism

By Chris WadeThe Center Square The Trump administration is investigating claims that New York City schools violated the civil rights of Jewish students by hosting seminars on Palestinian resistance. The...
Illinois Quick Hits: AFP says tax breaks would be more at Soldier Field

Illinois Quick Hits: AFP says tax breaks would be more at Soldier Field

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Americans for Prosperity Illinois says megaprojects legislation that cleared the Illinois House could give a proposed development...
Soldier's insider trading case puts prediction markets to the test

Soldier’s insider trading case puts prediction markets to the test

By Brett RowlandThe Center Square An alleged attempt by a U.S. Army Special Forces soldier to profit from classified military intelligence on a prediction market platform has resulted in the...
U.S. will continue blockade 'as long as it takes,' Hegseth says

U.S. will continue blockade ‘as long as it takes,’ Hegseth says

By Andrew RiceThe Center Square The United States will continue it's blockade in the Strait of Hormuz for "as long as it takes," War Secretary Pete Hegseth said on Friday....