|
"There is good news and bad news. The good news is that the
legislature extended the property tax cap that Cook County
homeowners have enjoyed since 2004.
"The bad news, and what they won't tell you, is at a time when
the city of Chicago is considering the largest property tax increase
in history, the legislators voted to begin phasing out property tax
relief in the second year and completely take it away in the third
year. That's going backward, not forward. Homeowners deserve real,
meaningful property tax caps that will last for more than just one
year.
"I am going to continue to work with Senate President Emil Jones
and Cook County Assessor Jim Houlihan to increase property tax
relief for homeowners and make it permanent. Unfortunately, the
Illinois House, led by Speaker Madigan, passed a plan that would
take that relief away from homeowners by protecting the big downtown
commercial real estate developers.
"Considering how long it took to provide just one more year of
property tax relief, Assessor Houlihan and I think it's critical
that the legislature address the long-term need for property tax
relief now, before taxpayers face even higher bills. I am asking the
General Assembly, on their own schedule, to reconvene before the end
of the year to restore the property tax caps they just voted to take
away. If they fail to do that, then it is my intention to call them
into special session sometime by mid-December to get it done."
[Text from file received from
the
Illinois Office of
Communication and Information]
Click here to respond to the editor about this
article.
 |
