All articles tagged with #mega projects bill
Illinois lawmakers, Gov. Pritzker’s office, Arlington Heights officials and the Chicago Bears are nearing a deal to keep the team in Illinois by pursuing a stadium in Arlington Heights, potentially funded for infrastructure and aided by a “mega projects” framework to negotiate property taxes, while ensuring taxpayer protections and fan affordability; Indiana meanwhile has floated a competing stadium offer.
Arlington Heights officials urge Illinois lawmakers to pass a 'Mega Projects' bill to let the Bears negotiate long-term property taxes for a potential stadium, warning the team could relocate to Indiana where lawmakers have proposed a northwest Indiana stadium authority; Indiana leaders, including Gov. Braun, are pushing the plan, while the Bears say it advances talks. The project is estimated to require about $855 million in infrastructure funding and could create thousands of jobs and billions in activity, though stadium subsidies remain controversial and often debated as good public policy.