Overview
- The Indiana House Ways and Means Committee voted 24-0 to advance SB 27, which would create a Northwest Indiana Stadium Authority to finance, construct and lease a stadium.
- The Bears called the action the most meaningful step in their planning to date and said they will finish site-specific due diligence for a venue near Wolf Lake in Hammond.
- The legislation now heads to the full Indiana House for consideration before the General Assembly’s late-February adjournment.
- Indiana officials have signaled potential state contributions of up to about $1 billion, while House leaders say the Bears have indicated roughly $2 billion in private stadium investment.
- An Illinois House Revenue & Finance Committee hearing tied to the Bears’ Arlington Heights tax framework was canceled at the team’s request, and the Bears remain under contract at Soldier Field through 2033.