Illinois gives early OK to $100M for Obama museum

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CHICAGO -- Illinois legislators advanced a plan Thursday to devote $100 million in state construction funds to bring the Obama presidential library and museum to Chicago.

A nonprofit foundation launched by Obama backers with the president's support has asked parties interested in hosting the library to submit proposals by June 16.

Illinois House Speaker Michael Madigan is sponsoring the measure to provide the $100 million. He said the goal is to pass the legislation before the Legislature adjourns May 31.

, so it can be included in the bid submitted to Obama's foundation.

The foundation is expected to review that information and notify groups in May that will be invited to submit more detailed and formal proposals. The final decision is up to the president and first lady, and is expected to be announced in early 2015.

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Contact Sara Burnett at https://twitter.com/sara_burnett

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