Chicago Bears Stadium Deal in Illinois

planned

An updated set of incentives to keep the Chicago Bears in Illinois passed the Illinois House of Representatives. The proposal allows the Bears and other megaproject developers to negotiate a payment in lieu of property taxes, with half of those funds going toward property tax relief for homeowners. The effort aims to make the Arlington Heights site feasible for a new stadium project and is now headed to the Illinois Senate. This legislative movement could impact Indiana's prospects to court the team, which had verbally committed to moving to northwest Indiana.