News
Illinois General Assembly Approves New “Transit TIF”
Illinois General Assembly Approves New “Transit TIF” July 18, 2016 Legislation introduced and approved by the Illinois General Assembly on June 30, 2016 would allow for a new type of TIF district (called a “transit TIF”) to provide a new financial tool intended to help the City of Chicago and the CTA with funding…
Read MoreFinally a State Budget… Sort Of
Finally a State Budget… Sort Of July 18, 2016 The Illinois General Assembly succeeded in passing a “stop gap” budget to avoid, by a few hours, the distinction of going a full 12 months without a fully enacted budget. The measure will allow the State to keep agency operations intact for the next six…
Read More2016 Illinois Legislative Wrap-Up
2016 Illinois Legislative Wrap-Up July 1, 2016 The regular session of the Illinois General Assembly adjourned on May 31 with no resolution to the budget stalemate that had log-jammed many other major legislative proposals and created an unusual, but increasingly familiar, political dynamic in the state house. Nonetheless, BOMA/Chicago’s legislative team was quite busy during…
Read MoreCPS Legislation Provides Pension Payment, Levy Increase
CPS Legislation Provides Pension Payment, Levy Increase June 30, 2016 The other shoe appears ready to drop on the unresolved CPS pension issue. A House amendment to Senate Bill 318 allows the City of Chicago to impose a new property tax levy for Chicago Public Schools (CPS) pensions. The record $580 million property tax levy…
Read MoreChicago City Council Mandates Paid Sick Leave
Chicago City Council Mandates Paid Sick Leave June 30, 2016 After more than a year of discussions, the Chicago City Council unanimously passed an ordinance in June that allows employees to accrue and use up to five earned sick days over the course of one year. Chicago now joins many other cities with similar…
Read MoreSeeking Member Feedback on Expected Recycling Ordinance
Seeking Member Feedback on Expected Recycling Ordinance June 30, 2016 Mayor Emanuel is expected to propose an amendment to the City’s recycling ordinance that will require source separation of recyclables in all buildings. For BOMA/Chicago buildings, this is not expected to have a major impact because most are already engaged in source separation. Source…
Read MoreSprinkler Retrofit Deadline Approaching
Sprinkler Retrofit Deadline Approaching March 16, 2016 BOMA/Chicago is reminding buildings that the deadline for the final phase of the City’s sprinkler retrofit mandate is approaching. The Sprinkler Installation Ordinance (13-196-205), passed in 2004, mandates all pre-1975 commercial high rise buildings that are not landmarked to install full sprinkler systems by January 1, 2017. When…
Read MoreOnline Registration and Payment Now Available for Fire Safety Certification Program
Online Registration and Payment Now Available for Fire Safety Certification Program March 16, 2016 Nearly one hundred individuals have already completed the City of Chicago’s revised Fire Safety Director Program since the initial pilot offering on February 23. The revised certification program consists of three consecutive four-hour days which includes training and the overall…
Read MoreBOMA/Chicago Raises Voice on Mayor’s Property Tax Increase Proposal
BOMA/Chicago Raises Voice on Mayor’s Property Tax Increase Proposal March 15, 2016 Call to Action: Contact your State Legislators Today! On Monday, October 19, the City filed legislation to double the Homestead Exemption and shift nearly 70% of the burden for the proposed property tax increase to businesses and renters. The legislation has already passed…
Read MoreBOMA/Chicago Working with CFD to Launch Revised Fire Safety Director Program
BOMA/Chicago Working with CFD to Launch Revised Fire Safety Director Program August 26, 2015 The City of Chicago’s revised Fire Safety Director Program is expected to be rolled out in early fall. After BOMA/Chicago advocated for much needed revisions to the Chicago Fire Safety Director Program, the city made several changes. The program will…
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