Indiana signs framework to finance Bears stadium in Hammond
TL;DR
Indiana Gov. Mike Braun signed Senate Bill 27 to establish the financial framework for a Chicago Bears stadium in Hammond, including roughly $1 billion in state-bond financing repaid by revenues from Hammond’s 12% admissions tax and a stadium development district, plus proposed local taxes and a renegotiated toll-road lease. The Bears would invest over $2 billion; Illinois lawmakers are weighing incentives to keep the team, but no deal yet as competing measures and local concerns unfold.
- Indiana governor signs Chicago Bears stadium bill into law as Illinois inches closer to a tax deal Chicago Tribune
- ‘They came to us:' Indiana takes victory lap after Bears stadium vote NBC 5 Chicago
- Chicago Bears property tax incentives advance in Illinois House over city opposition Chicago Sun-Times
- Bill Quinlan: Move Halas Hall to the city and make it a fan destination Chicago Tribune
- The Indiana Bears? Why an interstate move for a cherished NFL team may work out The Guardian
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