Bears bill sponsor sengillespie has concerns with her own proposal, but sees it as 'starting point' -- and wants to talk TIF reform
Gillespie said Tuesday it's possible that two bills she introduced this week -- one establishing a so-called Payments in Lieu of Taxes financing mechanism, and the other amending the long-standing TIF law -- be combined, or at least part of a larger negotiation in Springfield.
Gillespie said what she likes about the program is how it's used in some states, where municipalities ask nonprofits like hospitals, universities and cultural institutions to make payments to supplement local revenue and pay for services. "But I also think the conversation needs to go beyond the Bears. This bill as drafted isn't designed exclusively for the Bears, nor should it be," she said."I'm not looking at this bill as a Bears bill, but rather as an economic development tool that is in the same general categories as a TIF. And that's why I thought it would be good to discuss them as a group."
It's unclear if PILOT would be more palatable to local school districts in and around Arlington Park than a TIF. Even though the Bears' payments to local governments would be negotiated, it's the village of Arlington Heights that would be doing the negotiating.
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