Pride and joy of Illinois? Leading state business group makes case for Bears tax break

France Nouvelles Nouvelles

Pride and joy of Illinois? Leading state business group makes case for Bears tax break
France Dernières Nouvelles,France Actualités
  • 📰 dailyherald
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

Pride and joy of Illinois? ILChamber makes case for ChicagoBears tax break in ArlingtonHtsGov

As a draft of legislation that would give the Chicago Bears a massive property tax break at Arlington Park emerges in Springfield, the NFL franchise has a major backer in its corner.

Though the chamber's support of the proposed Payments in Lieu of Taxes financing mechanism would suggest at least implicit support of a Bears' suburban relocation, Maisch said he's not taking sides between Arlington Heights and Chicago. by signing up you agree to our terms of service The coalition released a draft of the legislation, but it hasn't yet identified a bill sponsor.

While the club has pledged to privately finance construction of the stadium itself, Bears brass are seeking public help for infrastructure costs on a sprawling site they've envisioned as a"365-day-a-year entertainment district." Those payments, either fixed or subject to adjustment, would be distributed by the village to other local taxing districts at percentages equal to their proportional share of property taxes.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

dailyherald /  🏆 317. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Illinois Gov. J.B. Pritzker Makes Endorsements in Chicago City Council RacesIllinois Gov. J.B. Pritzker Makes Endorsements in Chicago City Council RacesWhile Illinois Gov. J.B. Pritzker has not endorsed a candidate in the Chicago mayoral race, he did offer his support to a group of candidates running for the Chicago City Council.
Lire la suite »

University of Illinois raising tuition for new students at Urbana-Champaign, Chicago campusesUniversity of Illinois raising tuition for new students at Urbana-Champaign, Chicago campusesTuition at the University of Illinois in Urbana-Champaign and UIC will be going up for new students next year.
Lire la suite »

Chicago Bears, business group draw up push for Arlington Heights stadium subsidy planChicago Bears, business group draw up push for Arlington Heights stadium subsidy planSupporters of a new plan to subsidize a proposed Arlington Heights stadium for the Chicago Bears are drawing up a play that is so far missing a quarterback in Springfield.
Lire la suite »

No Bears - Chicago ReaderNo Bears - Chicago Reader🎥 Filmed in secret before the beginning of a six-year prison sentence, Jafar Panahi’s latest film invites you to follow two parallel love stories set in modern-day Iran.|✍️ Maxwell Rabb👇
Lire la suite »

Setting the stage for the Chicago Bears to make headlines this offseason while Championship Sunday awaitsSetting the stage for the Chicago Bears to make headlines this offseason while Championship Sunday awaitsWith the No. 1 pick in the NFL draft and a boatload of salary-cap space, the Chicago Bears are poised to make headlines this offseason.
Lire la suite »

Warren Sapp Says Bears Are Trading Justin Fields to Draft Bryce YoungWarren Sapp Says Bears Are Trading Justin Fields to Draft Bryce YoungHow on earth would Warren Sapp know if the Chicago Bears are trading Justin Fields?
Lire la suite »



Render Time: 2025-03-03 20:57:15