Skip to content

BOMA/Chicago President Derrick Johnson Testifies in Opposition to Data Exposure Legislation April 7, 2021   BOMA/Chicago President Derrick Johnson appeared at the Illinois House Property Tax Subcommittee on April 1 to testify in opposition to House Bill 860 and House Bill 3529. The legislation, being forwarded by the Cook County Assessor’s Office, would mandate all…

Read More

BOMA/Chicago Taxation Committee Invites Assessor Kaegi to Meet April 5, 2021   Committee Advocates for Greater Transparency and Fairness Given Tax Burden Shift onto Commercial Properties during Recession BOMA/Chicago’s Taxation Committee hosted Cook County Assessor Fritz Kaegi at its meeting on Tuesday, March 30. Topics discussed included the Assessor’s data exposure legislation, Cook County’s unique…

Read More

Take Action: Oppose Legislation That Would Result in Higher Commercial Property Taxes March 23, 2021 BOMA/Chicago is opposing two Illinois House Bills being advanced by Cook County Assessor Fritz Kaegi that we believe would negatively impact commercial office properties and our ability to recruit jobs and investment to our local economy: HB 860 and HB…

Read More

No Late Fee on Cook County Property Taxes through October 1 July 28, 2020   Second Installment Cook County property tax bills are due on August 3, 2020, but property owners will have two extra months to pay without a late fee, as announced by  Cook County Treasurer Maria Pappas. Head over to the Cook County…

Read More

Entry Wages Under Security Contract Increased Effective July 1 July 28, 2020   As a result of Chicago’s minimum wage rate increasing on July 1 to $14.00, entry wage rates under the BOMA/Chicago and SEIU Local 1 Security Agreement were also adjusted as indicated below. For more information, please contact Beth Halat, Membership Director, at bhalat@bomachicago.org. In…

Read More

General Assembly Approves Essential Agenda Legislation During COVID-Shortened Spring Session By Curt Fiedler, Morrill & Fiedler, LLC The Illinois General Assembly met in a COVID-19 shortened legislative session over a four-day period May 20 through 23 – negotiating and advancing “essential” legislation during that four-day period that normally takes more than three months to accomplish. …

Read More

Illinois General Assembly Passes FY 21 Budget and Adjourns After COVID-19 Shortened Spring Session May 26, 2020   The Illinois General Assembly has concluded the Spring session which was interrupted by the COVID-19 pandemic. Following a marathon session day to pass a full year FY21 operations and capital budget and take action on  “session agenda”…

Read More

Cook County Announces Property Tax Relief for County Property Owners May 13, 2020   On May 13, Cook County Board President Toni Preckwinkle announced plans to waive late fees on property tax payments. Under the proposed ordinance, interest penalties for late payments of the second installment of property taxes, which are normally due August 3, will…

Read More

City of Chicago Defers Tax Payment Due Dates to June 1 for Business Community April 16, 2020   Mayor Lori E. Lightfoot and the Department of Finance announced on Thursday, April 16 that the City of Chicago will be offering additional financial relief for the business community impacted by COVID-19 by further extending tax payment…

Read More

Assessor Kaegi’s Office Suspends Assessment Notice Mailings and Deadlines March 20, 2020   Effective March 19, 2020, Assessor Kaegi announced the temporary suspension of assessment notice mailings and appeal deadlines. This suspension will remain in place until further notice while the office remains closed to the public. Customer service via phone is currently unavailable. Property…

Read More