Bears demand more tax breaks as Illinois advances megaprojects bill
The megaprojects bill applies broadly to large economic development projects, though it has drawn particular attention for its impact on the Bears’ planned stadium project on the former Arlington Park racecourse.
The megaprojects bill applies broadly to large economic development projects, though it has drawn particular attention for its impact on the Bears’ planned stadium project on the former Arlington Park racecourse.
ILLINOIS, (WOWO) — Political leaders moved Wednesday to block Indiana’s effort to lure the Chicago Bears to a proposed domed stadium in Hammond by passing a “Megaprojects” bill. Lawmakers approved the measure 78–32, giving large tax breaks and financial incentives tied to a potential $2 billion stadium project in Arlington…