Ordinance SO2024-0010957
Passed
Amendment of Municipal Code Chapter 2-45 regarding favorable tax incentives and requirements for City Counsel approval and annual reporting, now including Class 7d
Auto-generated summary
Chicago City Council's ordinance amends Municipal Code's Chapter 2-45, affecting Cook County tax incentive classifications like Class 6b, Class 7a, and Class 8. From August 1, 2021, recipients must submit annual reports to the Department. The ordinance, invoking Section 74-73 of the Cook County Tax Incentive Ordinance for revocation, will be enforced upon approval.
Alternate identifiers: O2024-0010957
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |
History
Legislation text
Additional Documents
- Digital Tracking Sheet SO2024-0010957.pdf
- O2024-0010957 Transmittal Letter.pdf
- SO2024-0010957 - ECTD - Rule 44 letters.pdf