DeKALB – An Illinois lawmaker has proposed a bill that would tie taxpayer funding of stadium renovation to the teams performance.
The BEARS Act, or Balanced Earnings and Record Standards & Stadium Oversight Expectations Act would require professional sports teams to have a .500 record or above in three out of five regular seasons to qualify for public financing of stadium construction, renovation and maintenance.
The act, HB 2969, was proposed by Illinois State Rep. Bob Morgan.
