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BOMA/Chicago Opposes Transfer Tax Increase 

BOMA/Chicago Opposes Transfer Tax Increase  As part of a coalition of business, real estate, and construction groups, BOMA/Chicago opposes the Bring Chicago Home Transfer Tax proposal. The proposal would increase transfer taxes by 253%, increasing the City’s transfer tax from $5.25 to $14.75 per every $500 of value. While the commercial office industry recognizes the…

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Illinois 2022 Midterm Elections

Illinois 2022 Midterm Elections By Cozen O’Connor Public Strategies In the first election since redistricting, Illinois voters took to the polls to make their voices heard down the ballot and to select their chosen party’s standard-bearer in a slate of key offices. Federal offices up for election in Illinois during the 2022 midterm elections included…

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Chicago Releases Building Decarbonization Study

Chicago Releases Building Decarbonization Study The City of Chicago recently released its Decarbonization Study that includes 26 recommendations, including implementation of a building performance standard and a shift from fossil fuel gas to electricity.   Members of BOMA/Chicago served on the city’s decarbonization working group that contributed to the study. Members and staff will continue to…

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BOMA/Chicago Supports IL EPA Charging Station Rebates for Members

BOMA/Chicago Supports IL EPA Charging Station Rebates for Members BOMA/Chicago recently submitted formal comments with the Illinois Environmental Protection (EPA) requesting the agency’s grant program include funding for commercial office buildings and Level 2 electric vehicle charging stations in their rebate program.   The Illinois EPA’s rulemaking process is still ongoing.  Read a copy of the…

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Taxation Committee Meets with Board of Review Commissioner-Elect Samantha Steele

Taxation Committee Meets with Board of Review Commissioner-Elect Samantha Steele Samantha Steele, Cook County Board of Review Commissioner-Elect, joined BOMA/Chicago’s Taxation Committee on Tuesday, October 4.  Committee members discussed the importance of reforming the classification system to provide much-needed needed relief for commercial office properties and the businesses our members’ house. The group cited challenges…

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BOMA/Chicago Advocates for Classification Reform with Cook County Board

BOMA/Chicago Advocates for Classification Reform with Cook County Board This month, BOMA/Chicago concentrated advocacy efforts related to property tax assessments and classification on the Cook County Board of Commissioners.  After the Taxation Committee met with Jim Thompson, Director of the Property Assessment and Tax Policy with the Cook County President’s Office, BOMA/Chicago was invited to…

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E-Scooter Program Expands in Central Business District

E-Scooter Program Expands in Central Business District The Chicago Department of Transportation has announced the expansion of Lime Scooters into the Central Business District. This expansion into downtown comes with an overall doubling of Lime’s fleet to 2,000 scooters citywide. Of that number, 20 scooters will now be allowed into the CBD at any one…

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BOMA/Chicago Advocates for EV Charging Station Incentives

BOMA/Chicago Advocates for EV Charging Station Incentives BOMA/Chicago recently weighed in with the Illinois Commerce Commission (ICC) recommending that dedicated building member incentives for electric vehicle (EV) charging stations be added to ComEd’s Beneficial Electrification plan. The written testimony, filed on September 22, was presented by BOMA/Chicago Board member and Energy and Sustainability Committee Board…

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Building Members Can Link Exterior Cameras to OEMC

Building Members Can Link Exterior Cameras to OEMC Building Members can help create a safer Chicago by linking exterior cameras to Chicago’s Office of Emergency Management and Communications (OEMC) to provide additional points of contact during an emergency. The OEMC’s Private Sector Camera Initiative links Chicago-based organizations, companies, and sister agencies’ camera systems into their…

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ComEd Ratepayer Refund Approved by ICC 

ComEd Ratepayer Refund Approved by ICC  ComEd’s $31 million settlement offer to refund ratepayers for their bribery scheme was approved unanimously by the Illinois Commerce Commission last week. Another $7 million was added by ComEd under the Federal Energy Regulatory Commission jurisdiction for a total refund of $38 million. While the average household ratepayer in…

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