Advocacy
Council Committee Approves Fair Work Week Ordinance
Council Committee Approves Fair Work Week Ordinance July 24, 2019 After obtaining approval from the Chicago City Council Committee on Work Force Development a day earlier, the full City Council passed a substitute version of the Chicago Fair Work Week Ordinance on July 24. Prior to the vote, BOMA/Chicago had maintained its position that language requiring a waiver…
Read MoreIllinois House Majority Leader Greg Harris Meets with BOMA/Chicago Board
Illinois House Majority Leader Greg Harris Meets with BOMA/Chicago Board July 23, 2019 BOMA/Chicago welcomed Illinois House Majority Leader Greg Harris at our July Board of Directors meeting. Leader Harris provided a legislative update on energy, tax and state budget issues and Board member shared market insights and concerns. In This Section EventsBuilding OperationsAdvocacy Legislative Action Center…
Read More47th Ward Alderman Matt Martin Tours 200 West Monroe
47th Ward Alderman Matt Martin Tours 200 West Monroe July 23, 2019 Lee Hebert with Accesso Services hosted 47th Ward Alderman Matt Martin on a tour of 200 West Monroe. During the tour and presentation, Lee shared insights about the commercial real estate industry, property taxes and sustainability initiatives, while highlighting the tenants and businesses in…
Read MoreNo Vote Taken this Session on Property Tax Bill
No Vote Taken this Session on Property Tax Bill June 11, 2019 At the urging of BOMA/Chicago members and their building tenants, BOMA/Chicago successfully opposed Senate Bill (SB) 1379 this past legislative session. The legislation, sponsored by Cook County Assessor Fritz Kaegi, would have required commercial properties to submit income and expense data annually. BOMA/Chicago…
Read MoreChicago’s Next Chapter
Chicago’s Next Chapter By Mary Kay Minaghan, MKM Services Mayor Lightfoot Sworn In As Chicago’s 56th Mayor On May 20, Lori E. Lightfoot was sworn in as Chicago’s fifty-sixth Mayor at Wintrust Arena. This was the largest venue for a mayoral swearing-in in recent memory. The crowd was excited and the mood was far less formal…
Read More2019 Spring Session Update: 1 Week Out
2019 Spring Session Update: 1 Week Out By Stephen S. Morrill, Principal of Morrill & Fiedler LLC (M&F), with contributions from Curt Fiedler The House and Senate convene the final week of the scheduled 2019 spring session – with adjournment scheduled for Friday, May 31. Almost all of the Governor’s legislative priorities – graduated income…
Read MoreBOMA/Chicago Teams with Business Group Coalition to Oppose Property Tax Legislation
BOMA/Chicago Teams with Business Group Coalition to Oppose Property Tax Legislation May 28, 2019 At the urging of BOMA/Chicago members and their building tenants, BOMA/Chicago continues to oppose Senate Bill (SB) 1379 in the final days of the General Assembly’s regular session. The legislation is sponsored by Cook County Assessor Fritz Kaegi and would…
Read MoreCommittee Members Delay Vote on Property Tax Legislation Opposed by BOMA/Chicago
Committee Members Delay Vote on Property Tax Legislation Opposed by BOMA/Chicago May 14, 2019 At the urging of BOMA/Chicago members and their building tenants, the Revenue Committee of the Illinois House of Representatives has delayed a vote on SB 1379, the legislation sponsored by Cook County Assessor Fritz Kaegi earlier this year to require…
Read More2019 General Municipal Election Recap
2019 General Municipal Election Recap By Mary Kay Minaghan, MKM Services The February 26 election may be over but ballot counting continues. Mail-in ballots postmarked by election day can be counted until March 12, one week before the Board of Elections must certify the election results. While there were more than twice the number of…
Read MoreGovernor Pritzker Delivers his Budget Address
Governor Pritzker Delivers his Budget Address On Wednesday, February 20, Governor Pritzker delivered his inaugural budget address. According to the Office of Management and Budget (OMB), Governor Pritzker’s Fiscal Year 2020 (FY20) budget totals $77 Billion in spending (state and federal funds) – of that, the FY20 budget estimates receiving $38.9 billion in general state…
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