Illinois budget moves forward while Bears stadium deal stalls

TL;DR
Illinois lawmakers passed a $55.9 billion budget but did not vote on a Bears stadium bill before adjourning. The Senate approved a modified plan to create a publicly owned stadium authority in Cook County to finance and lease a new Bears stadium, with the Bears financing construction, property-tax exemptions for the stadium, long-term bonds up to 40 years, and a STAR Bond District to spur development. The measure faces House inaction and opposition, while Indiana is courting the team with up to $1 billion in incentives; a special session remains uncertain.
Topics:sportspolitics#arlington-heights#bears-stadium#hammond#illinois-budget#politics#stadium-authority
- Illinois Senate passes Chicago Bears stadium bill to try and keep team in Illinois WTHR
- Chicago Bears release statement after $55B Illinois budget passes without stadium bill NBC 5 Chicago
- Illinois spring legislative session ends with no final vote on Bears stadium bill WGN-TV
- Bears stadium latest: Megaprojects bill revamped as amendment to House Bill 958 FOX 32 Chicago
- Bears megaproject bill sacked, but lawmakers draw up new play to keep team in state Daily Herald
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