Ordinance SO2024-0010957 - Chicago Councilmatic

Amendment of Municipal Code Chapter 2-45 regarding favorable tax incentives and requirements for City Counsel approval and annual reporting, now including Class 7d

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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

	Sponsor	Ward
	Johnson, BrandonPrimary Sponsor

History

Date

Legislative body

Action

Date 2024-09-18

Legislative body Chicago City Council

Action Passed

On motion of Alderperson Villegas, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.

Votes for	Votes against	Other votes
Votes for Yes: 48 Beale, Anthony Cardona, Jr., Felix Chico, Peter Clay, Angela Coleman, Stephanie D. Conway, William Cruz, Ruth Curtis, Derrick G. Dowell, Pat Ervin, Jason C. Fuentes, Jessica L. Gardiner, James M. Gutierrez, Jeylu B. Hadden, Maria E. Hall, William E. Harris, Michelle A. Hopkins, Brian Knudsen, Timothy R. La Spata, Daniel Lawson, Bennett R. Lee, Nicole T. Lopez, Raymond A. Manaa-Hoppenworth, Leni Martin, Matthew J. Mitchell, Gregory I. Mitts, Emma Moore, David H. Mosley, Ronnie L. Napolitano, Anthony V. Nugent, Samantha O'Shea, Matthew J. Quinn, Marty Ramirez, Julia M. Ramirez-Rosa, Carlos Reilly, Brendan Robinson, Lamont J. Rodriguez Sanchez, Rossana Rodriguez, Michael D. Scott, Monique L. Sigcho-Lopez, Byron Silverstein, Debra L. Sposato, Nicholas Tabares, Silvana Taliaferro, Chris Vasquez, Jr., Andre Villegas, Gilbert Waguespack, Scott Yancy, Desmon C.	Votes against	Other votes Absent: 2 Absent: Burnett, Jr., Walter Absent: Taylor, Jeanette B.

Date 2024-09-11

Legislative body Committee on Economic, Capital and Technology Development

Action Recommended to Pass

Date 2024-09-11

Legislative body Chicago City Council

Action Substituted

Date 2024-07-17

Legislative body Chicago City Council

Action Referred

Date 2024-07-17

Legislative body Chicago City Council

Action Introduced

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Ordinance SO2024-0010957 Passed

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