State

Illinois gives early OK to $100M for Obama museum

FILE - In this Oct. 15, 2013 file photo, Chicago Mayor Rahm Emanuel speaks at a news conference in Chicago. Late Monday, March 31, 2014, Emanuel proposed to raise property taxes while increasing the amount of money city workers contribute to their retirement as a way to cut about half of the city's pension debt. (AP Photo/M. Spencer Green)
FILE - In this Oct. 15, 2013 file photo, Chicago Mayor Rahm Emanuel speaks at a news conference in Chicago. Late Monday, March 31, 2014, Emanuel proposed to raise property taxes while increasing the amount of money city workers contribute to their retirement as a way to cut about half of the city's pension debt. (AP Photo/M. Spencer Green)

CHICAGO – An Illinois House committee has advanced a plan to devote $100 million in state funds to help bring President Barack Obama's presidential museum and library to Chicago.

The committee voted unanimously Thursday following a hearing in Chicago.

Chicago Mayor Rahm Emanuel was among several officials who spoke in favor of the funding.

He says the money would return dividends "well beyond" $100 million. Emanuel also says the funding would be a fitting way to welcome Obama back to his hometown.

Several Chicago sites — most on the city's South Side — want to become home to the library and museum. Hawaii and New York also are vying for it.

A spokesman for House Speaker Michael Madigan says the Legislature still must determine a source for the funding.

Loading more

Digital Access

Digital Access
Access nwherald.com from all your digital devices and receive breaking news and updates from around the area.

Home Delivery

Home Delivery
Local news, prep sports, Chicago sports, local and regional entertainment, business, home and lifestyle, food, classified and more! News you use every day! Daily, weekend and Sunday packages.

Text Alerts

Text Alerts
Stay connected to us wherever you are! Get breaking news updates along with other area information sent to you as a text message to your wireless device.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Plan your weekend and catch up on the news with our newsletters.