"The Chicago Bears and Illinois lawmakers are close to agreement on key issues that would keep the team in-state and help kickstart an Arlington Heights stadium project, according to multiple sources close to the talks. The legislative sources say Governor JB Pritzker and legislative leaders are on board with a public funding package for infrastructure around the Arlington Heights site, as well as the so-called "PILOT" legislation that would give the team the ability to negotiate property tax levels with the village."
"We're in consistent conversation with the Chicago Bears. The most important point I would make is we're not going to do anything that's bad for the taxpayers. We are helping businesses build infrastructure...and other things that are available to any business that's growing or building something new in the state of Illinois that's putting people to work. Those are normal incentives, and that's what I'd expect we'll end up with for the Bears."
State officials and the Chicago Bears are close to agreement on key issues that would keep the team in Illinois and initiate an Arlington Heights stadium project. The agreement would include a public funding package for infrastructure around the Arlington Heights site and PILOT legislation allowing the team to negotiate property tax levels with the village. Progress by Indiana in pursuing a competing stadium influenced Illinois to accelerate talks. Timeline indications suggested possible action in late February or early March. The negotiations emphasize protecting taxpayers while offering normal business incentives for infrastructure investments and job creation related to the stadium.
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