Ordinance O2024-0012385
Active
Amendment of Municipal Code Chapter 4-236 by modifying various sections regarding parking lot and garage operations taxes
Auto-generated summary
On September 18, 2024, the City Council of Chicago amended the Municipal Code's Chapter 4-236, which pertains to the tax on parking lot and garage operations. The ordinance defines terms related to parking operations and imposes a tax on the use of parking a motor vehicle in the city. Certain parking situations, such as residential off-street parking and hospital employee parking, are exempt. The tax rates vary based on time periods and booking services. Operators and booking intermediaries are responsible for collecting and remitting taxes. A 20% tax is imposed on valet parking businesses, and credits are available for taxes paid to other operators. Operators are required to maintain accurate records, issue tickets, and file monthly tax returns. Non-compliance may result in fines. All tax proceeds go to the city treasury.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Rodriguez, Michael D.Primary Sponsor | Ward 22 |
History
| Date | Legislative body | Action |
|---|---|---|
| Date 2024-09-18 | Legislative body Chicago City Council | Action Referred |
| Date 2024-09-18 | Legislative body Chicago City Council | Action Introduced |