The long-running stadium saga involving the Chicago Bears has entered a critical phase, as political tensions in Illinois intensify over the team’s proposed $5 billion stadium and mixed-use development project. State lawmakers are currently debating a “megaprojects” bill in the Illinois Senate that would allow the Bears to negotiate property tax terms for a potential…
There’s urgency—and then there’s legislative urgency with a deadline attached. In Illinois, the clock is ticking on both. Lawmakers are accelerating efforts to pass a bill that could underpin a $5 billion domed stadium project for the Chicago Bears in Arlington Heights—a move increasingly framed as the state’s last, best chance to keep its flagship…
In a bold move to end what they describe as “corporate welfare” for billionaire owners, Senator Bernie Sanders (I-Vt.) and Representative Greg Casar (D-Texas) introduced a transformative piece of legislation on Thursday: the Home Team Act. The bill aims to dismantle the long-standing leverage used by professional sports teams to extract billions in taxpayer-funded subsidies…
