Iowa’s New Plan to Catch the Chicago Bears

The state of Iowa is rolling out a fresh proposal that could bring an NFL team to its doorstep. Senate File 2252 aims to tweak the Major Economic Growth Attraction (MEGA) program so that a professional football franchise could receive tax breaks and other incentives when it builds a stadium in the state. The program normally targets companies willing to invest at least $1 billion, but this version focuses on sports. Under the new rules, the state could offer sales and use tax refunds, investment tax credits, and withholding tax credits to a team that chooses Iowa. The decision would rest with the Iowa Economic Development Authority, which reviews all proposed incentives. If approved, the team could save a substantial amount of money on taxes. The bill’s supporters argue that an NFL franchise would bring jobs, tourism and excitement to Iowa. They point out that nearby states Illinois and Indiana are currently debating stadium projects, so Iowa could step in as a welcoming alternative. The idea is to show that the state is ready for big business and can offer a friendly environment.The Chicago Bears, who bought a large parcel of land in Arlington Heights last year, have been looking for a new home. Their plans for a stadium at Soldier Field or on Chicago’s Museum Campus received mixed reactions from city officials and state lawmakers. The team has also turned down a site on the South Side because of space constraints and train tracks that would complicate construction. If Iowa’s bill passes, the Bears could choose to build a stadium elsewhere in the state. The move would give the team a fresh location and allow Iowa to showcase its hospitality, culture and natural beauty. It would also create new opportunities for local businesses and residents to enjoy professional football. The proposal reflects a broader trend of states offering incentives to attract major sports teams. By providing tax relief, Iowa hopes to stand out as a viable option for the Bears and potentially other franchises in the future.