The Chicago Bears are poised to move to the suburbs. But are Illinois lawmakers – and local taxpayers – going to help them do it?
As legislators head back to Springfield Tuesday for the fall veto session, they could soon confront the question of providing property tax incentives – like assessment freezes or negotiated tax bills – to the team and other so-called “mega project” developments.
And then there are those who don’t think an NFL franchise worth billions doesn’t need such tax breaks and contend they can hurt existing taxpayers.
But in a rarity in today’s hyper-polarized politics, viewpoints don’t appear to fall on partisan lines, with Republicans and Democrats both in favor and wary of the proposals on the table.
Among them is a bill proposed by state Rep. Mary Beth Canty, a D