Close Menu
  • Home
  • Crypto News
  • Tech News
  • Gadgets
  • NFT’s
  • Luxury Goods
  • Gold News
  • Cat Videos
What's Hot

Pilih mana lagi? #shortvideo #kucinglucu #prettycat #cat #catvideos #kucing #catshorts #shorts

June 3, 2026

Crypto India: Nischal Shetty Says India’s 1% Crypto TDS Has Hurt Market Liquidity

June 3, 2026

Google Pledges To Replenish More Water Than It Uses At Data Centers By 2030

June 3, 2026
Facebook X (Twitter) Instagram
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
KittyBNK
  • Home
  • Crypto News
  • Tech News
  • Gadgets
  • NFT’s
  • Luxury Goods
  • Gold News
  • Cat Videos
KittyBNK
Home » Court Rejects Bid to Block Chicago Ballot Measure That Would Tax Real Estate for Homeless Services
Luxury Goods

Court Rejects Bid to Block Chicago Ballot Measure That Would Tax Real Estate for Homeless Services

March 6, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Court Rejects Bid to Block Chicago Ballot Measure That Would Tax Real Estate for Homeless Services
Share
Facebook Twitter LinkedIn Pinterest Email

CHICAGO (AP) — Chicago voters will get the chance this month to decide on a ballot measure that would levy a one-time tax hike on luxury properties to pay for services for homeless people, a panel of appeals court judges ruled Wednesday.

The decision by Illinois’ First District Appellate Court allowing the measure to be decided in the March 19 election overturned a Cook County judge’s Feb. 23 rejection of the measure in response to objections from real estate and business groups.

Early voting has already begun, so the measure remained on ballots amid the legal fight. The city’s Board of Elections said all votes cast for and against the measure will count.

If approved, the measure would raise the city’s real estate transfer tax on properties valued at more than $1 million and lower it on properties valued under that. Supporters of the so-called Bring Chicago Home measure estimate that it would generate $100 million annually for homeless services, including mental health care and job training.

Maxica Williams, board president of the Chicago Coalition for the Homeless, applauded the appellate judges’ decision.

“We look forward to keeping up our efforts to reach hundreds of thousands of voters about their opportunity to vote yes for a fair and sustainable plan to fund housing, care for the homeless, and ask wealthy real estate corporations to pay their fair share,” Williams said in a statement.

Photos You Should See

Mayor Brandon Johnson has championed the measure and told reporters at an unrelated news conference that “the people of Chicago should determine how we address the unhoused crisis in Chicago.”

“I made a commitment as not just a candidate, but as mayor of the city of Chicago, that I would do everything in my power to move us closer towards housing for all,” Johnson said.

Opponents, largely real estate groups, have argued that the measure unfairly targets commercial properties at a time when the city’s downtown is still trying to recover from the downturn caused by the pandemic.

Farzin Parang is the executive director of the Building Owners and Managers Association of Chicago, one of the groups that is challenging the measure. He called Wednesday’s decision disappointing and said the groups “have already ramped up our efforts to educate the public” about the proposal.

“This massive tax increase would hurt homeowners, renters, union workers, and businesses throughout the neighborhoods,” Parang said in a statement. “Even worse, a yes vote on this referendum is a vote to deliver huge blank checks to the City with no plan for how millions will be accountably spent.”

Associated Press reporter Sophia Tareen contributed to this report.

Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Mercedes has made some legendary supercars over the years

July 30, 2024

American sandwich billionaire spent hours setting up a private party on a protected and pristine Sardinia beach only to be sent abruptly packing back to his $60 million superyacht after being busted by the coast guard.

July 30, 2024

Mercedes-AMG Plans To Stick To ICE Power For As Long As It Possibly Can

July 30, 2024

The American billionaire who owns Instagram’s most popular superyacht is selling it for $47.5 million. Its new owner will enjoy a mansion-like duplex suite, an arsenal of toys, sumptuous gourmet meals served by an immaculate crew, and a massive social media following.

July 30, 2024
Add A Comment
Leave A Reply Cancel Reply

What's New Here!

Solana (SOL) and Avalanche (AVAX) remain profitable yet fall short to new AI exchange token priced $0.0181

March 20, 2024

How Google’s MLE Star a Self-Improving AI is Leading the Way

August 5, 2025

Peru’s President Boluarte Faces Scrutiny Over Rolex Collection Amid Political Turbulence

April 2, 2024

yPredict ($YPRED) Presale Close To 90% Sold Out, Ends Soon

December 22, 2023

Did Chloé Just Bring Back Boho-Chic?

March 1, 2024
Facebook X (Twitter) Instagram Telegram
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA
© 2026 kittybnk.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.