BELLEVILLE, Illinois — Gov. J.B. Pritzker on Monday promoted an expansion of Illinois’ STAR bond program and said he is open to using economic incentives to retain or attract professional sports franchises, including potentially the St. Louis Cardinals.
Speaking at an event near the Missouri border, Pritzker highlighted STAR bonds—Sales Tax and Revenue bonds—as a mechanism for spurring economic growth by allowing future sales tax revenue to fund large-scale development projects.
“STAR bonds can generate truly transformational levels of economic growth,” Pritzker said…