Advocacy
No 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…
Read MoreAdvocacy Updates: Illinois Legislature on Pace for Busy Year
Advocacy Updates: Illinois Legislature on Pace for Busy Year February 19, 2019 When the deadline for bill introduction came on February 15, Illinois senators and representatives had filed over six thousand pieces of legislation for consideration in the 101st General Assembly. Add to that substantive amendments and there will be 10,000 to 12,000 legislative proposals…
Read MoreBOMA/Chicago Notes Cost Concerns in Response to ICC NextGrid Report
BOMA/Chicago Notes Cost Concerns in Response to ICC NextGrid Report January 15, 2019 Illinois’ electric grid and utility market over the next few decades will be determined by NextGrid, known as the “Illinois Utility of the Future Study.” This 18-month, collaborative study grew out of the December 2016 enactment of the Future Energy Jobs…
Read MoreICC Releases Draft NextGrid Report
ICC Releases Draft NextGrid Report January 3, 2019 Illinois’ electric grid and utility market over the next few decades will be determined by NextGrid, known as the “Illinois Utility of the Future Study.” This 18-month, collaborative study grew out of the December 2016 enactment of the Future Energy Jobs Act (“FEJA”) and has been…
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