Chicago Bears, business group draw up push for Arlington Heights stadium subsidy plan
CHICAGO -- Supporters of a new plan to subsidize a proposed Arlington Heights stadium for the Chicago Bears are drawing up a play that is so far mi...
CHICAGO -- Supporters of a new plan to subsidize a proposed Arlington Heights stadium for the Chicago Bears are drawing up a play that is so far missing a quarterback in Springfield. In fact, most of its backers are still in the huddle. No legislation has been filed, and no sponsors have been named for the measure that would create a new class of tax incentive called a PILOT. That stands for payment in lieu of taxes. It would allow the Bears to pay to Arlington Heights a negotiated sum for the property taxes on the 326-acre site of the old Arlington International Racecourse.