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House Committee Gives Early OK to $100M for Obama Museum

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    NEWSLETTERS

    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.