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

Gulf allies targeted by Iran as strikes continue despite ceasefire

Gulf allies targeted by Iran as strikes continue despite ceasefire

By Sarah Roderick-FitchThe Center Square Despite the ongoing ceasefire between the U.S. and Iran, the two countries exchanged fire once again, with the Islamic Republic targeting regional neighbors. U.S. Central...
U.S. Supreme Court approves Alabama redistricting map

U.S. Supreme Court approves Alabama redistricting map

By Andrew RiceThe Center Square The U.S. Supreme Court allowed Alabama to move forward with an altered election map, that costs taxpayers an additional $4.45 million. Justices on the high...
Illinois slaps limits on non-lawyer investor power in law firms

Illinois slaps limits on non-lawyer investor power in law firms

By Jonathan Bilyk | Legal NewslineThe Center Square Illinois has become the latest state to restrict the involvement of private equity and other non-lawyer interests in owning or running law...
Trump rolls back tariffs on farm equipment, HVAC systems

Trump rolls back tariffs on farm equipment, HVAC systems

By Brett RowlandThe Center Square President Donald Trump reduced tariffs on certain agricultural equipment, residential air conditioning systems and industrial machinery, marking the second rollback of import taxes since returning...
Law firm: California's gender policies violate Constitution

Law firm: California’s gender policies violate Constitution

By Chris WoodwardThe Center Square A law firm is putting California Attorney General Rob Bonta on notice about keeping parents in the dark about their children's gender transitions. Liberty Justice...
WATCH: Group challenges gender ideology policies in New Mexico schools

WATCH: Group challenges gender ideology policies in New Mexico schools

By Esther WickhamThe Center Square As New Mexico students continue to rank among the lowest in the nation in academic proficiency, some parents are questioning why gender ideology has become...
Supreme Court rules for Texas in Rio Grande River lawsuit

Supreme Court rules for Texas in Rio Grande River lawsuit

By Bethany BlankleyThe Center Square The U.S. Supreme Court has handed Texas a win in a lawsuit first brought by Gov. Greg Abbott when he was attorney general. Abbott was...
Trump appoints housing regulator as acting spy chief

Trump appoints housing regulator as acting spy chief

By Brett RowlandThe Center Square President Donald Trump on Tuesday named Federal Housing Finance Agency Director William Pulte as acting director of national intelligence, placing a housing-finance regulator with no...
Mullin defends $118B Homeland Security budget request

Mullin defends $118B Homeland Security budget request

By Andrew RiceThe Center Square Markwayne Mullin, secretary for the U.S. Department of Homeland Security, defended the agency’s $118.3 billion budget request Tuesday. Mullin, a former U.S. Senator from Oklahoma,...
Bill loosens in-state tuition requirements

Bill loosens in-state tuition requirements

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Some students from outside the Land of Lincoln may soon pay in-state tuition at Illinois public universities...
Illinois Quick Hits: Nine arrested during Naperville teen gathering

Illinois Quick Hits: Nine arrested during Naperville teen gathering

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Naperville Police say they arrested nine people and issued almost three dozen citations after large groups of...
Rubio provides few answers to Congress on Iran conflict timeline

Rubio provides few answers to Congress on Iran conflict timeline

By Thérèse BoudreauxThe Center Square With the U.S.-Iran conflict approaching the 100-day mark, Secretary of State Marco Rubio defended the Trump administration’s military strategy before a committee of U.S. lawmakers...
Pritzker housing proposal partly stalls amid overreach concerns from localities

Pritzker housing proposal partly stalls amid overreach concerns from localities

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Though the entire affordable housing initiative from Gov. J.B. Pritzker didn’t make it through the General Assembly...
HUD shifts $4B homelessness program from 'Housing First' to treatment

HUD shifts $4B homelessness program from ‘Housing First’ to treatment

By Tim ClouserThe Center Square The U.S. Department of Housing and Urban Development announced a $4 billion funding opportunity for homelessness services on Monday, shifting away from the Housing First...
Poll: Democrats hold slight edge over Rogers in Michigan U.S. Senate race

Poll: Democrats hold slight edge over Rogers in Michigan U.S. Senate race

By Elyse ApelThe Center Square New polling in Michigan's open U.S. Senate race shows each of the leading Democrat candidates narrowly ahead of Republican Mike Rogers in potential general election...