CHICAGO (WBBM NEWSRADIO) -- Chicago Mayor Lori Lightfoot wants to reduce the tax rate that a Chicago casino would have to pay to the state, and she wants joint city-state ownership structure, an Illinois House leader says.
WBBM Newsradio’s Steve Miller reports.
"Over the weekend the mayor talked to a number of members of the Chicago delegation,” House Majority Leader Greg Harris, D-Chicago, said Monday.
"She invited everyone to come down and presented an alternative proposal to what was passed into law,” he said.
Lightfoot’s administration commissioned a study that suggested a Chicago casino isn’t economically feasible, as it is currently authorized in legislation passed earlier this year. Among the hurdles is a tax rate that would siphon most profit.
Harris said the mayor's counter-proposal is complicated, with a lot of moving pieces, but the city and state would hold the license. A corporate operator would run the casino.
"We'll see how this all develops,” Harris said.
Mayor Lightfoot's office said the administration’s proposal for a revised casino plan is still being worked out.
"While the administration has pitched some scenarios they aren’t yet finalized,” a spokesperson said.