Illinois State Representative Dan Ugaste joins The Ray Stevens Show to talk about the high-stakes legislative battle to keep the Chicago Bears in Illinois. As the franchise actively considers relocating to Indiana due to steep property tax burdens, Representative Ugaste breaks down his newly proposed pilot bill designed to incentivize the team to stay while protecting local homeowners.
Representative Ugaste's bill introduces a Payment in Lieu of Taxes (PILOT) framework starting at a $500 million threshold. This allows developers to negotiate fixed tax agreements directly with local government units rather than hitting standard tax rolls. The bill emphasizes strict protections ensuring local property taxpayers won't see an increase due to the stadium development, while aiming to provide broader property tax relief across the state.
For details on Rep. Dan Ugaste New Bears Bill, go to repugaste.com

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