Suffredin- An Advocate for All of Us  
 

Accountability
Forest Preserves
Public Safety
Cook County Budget
Forest Pres. Budget
Property Tax Appeal
Health & Hospitals
Land Bank Authority
Policy Resolutions
Unsung Heroine

 

   
 
   
   
 
   
     
  Office phone numbers:  
   
 
 

The Cook County Code of Ordinances are the current laws of Cook County.

   
 

Search current and proposed Cook County Legislation in Larry's exclusive legislative library.

   
  Last year more people used the County's forest preserves than visited Yellowstone National Park.
   
     
     
     



Property tax relief plan gets 2nd life
Senate compromise may mean a cap for Cook homeowners

Tuesday, July 24, 2007
Chicago Tribune
by Mickey Ciokajlo

Legislation to extend the so-called 7 percent property-tax cap in Cook County may be on the move again after a long debate over how generous to make the replacement relief plan.

A key Senate sponsor said Monday that lawmakers would compromise in favor of a bill pushed by House Speaker Michael Madigan of Chicago, even as a group of Chicago aldermen complained it was not good enough.

The 2004 tax-cap law is scheduled to expire for Chicago homeowners this year and in the county's suburbs over the next two years. It raised the exemption on each home to a maximum of $20,000 to limit the annual increase in the property's taxable assessed value to 7 percent.
The Illinois Senate in February passed a bill that would have renewed the tax-cap law and increased the amount of the homeowner's exemption to $60,000.

But in late May the House passed a version that dramatically reduced the exemption proposed by the Senate. In addition, the House targeted relief for people who have owned their homes for at least 10 years and whose annual household income does not exceed $75,000.

House leaders said the Senate version was overly generous, especially for homeowners who could afford to pay the higher taxes.

A group of Chicago aldermen held a news conference at City Hall to complain that the House version would help homeowners this fall but would allow tax bills to jump 40 percent in the next two years as the exemption limit is reduced.

"People are going to be forced out of our neighborhoods," said Ald. Eugene Schulter (47th), who co-wrote a letter saying the House version will give taxpayers a "false sense of hope."

Despite the aldermen's concerns, the House version appeared to be picking up speed.

Mayor Richard Daley has signed on to the House version because he wants to ensure "we can provide our residents with good relief as opposed to nothing," spokeswoman Jodi Kawada said.

Gov. Rod Blagojevich shares the aldermen's concerns and hopes lawmakers will amend the bill, but it's unlikely he would veto the House version if that's what lands on his desk, spokeswoman Abby Ottenhoff said.

Sen. Terry Link (D-Waukegan), the chief sponsor of the Senate version, said he expects the Senate will approve the exemption provisions passed by the House. But he said the bill will include a requirement for a review next year to possibly increase the exemption for 2008 and 2009.



Recent Headlines

Home sales plummet in June in 12th straight down month
Tuesday, July 23, 2019
Crain's Chicago Business

What Is The Best Time To Appeal A Cook County Property Tax Assessment?
Monday, July 22, 2019
CBS Chicago

Cook County Treasurer Maria Pappas on unclaimed property tax exemptions: ” Most seniors didn’t know that they could get it.”
Friday, July 19, 2019
WGN Chicago

Top Forest Preserve cop quits after burying ticket of county pol’s pal who asked ‘Do you know who I am?’
Friday, July 19, 2019
Chicago Tribune

EDITORIAL: ‘Do you know who I am?’ Not yet, but we sure know your type
Friday, July 19, 2019
Chicago Sun-Times

Cook County Commissioner Luis Arroyo says he got a friend’s parking ticket voided
Friday, July 19, 2019
Chicago Sun-Times

The story behind those commercial assessment hikes everyone's mad about
Friday, July 19, 2019
Crain's Chicago Business

Chicago-Area Cooling Centers Offer Residents Chance to Beat the Heat
Thursday, July 18, 2019
NBC 5 Chicago

Editorial: ‘Do you know who I am?’ Not yet, but the people of Cook County deserve to find out.
Thursday, July 18, 2019
Chicago Tribune

Top Forest Preserve cop quits after burying ticket of county pol’s pal who asked ‘Do you know who I am?
Wednesday, July 17, 2019
Chicago Sun-Times

Chicago’s top cop ‘must stop misleading the public’ about violence, Cook County Board President Toni Preckwinkle says in heated letter to Mayor Lori Lightfoot
Wednesday, July 17, 2019
Chicago Tribune

‘Do you know who I am?’ Investigators say Cook County commissioner pressed cops to scrap ally’s $250 parking ticket
Tuesday, July 16, 2019
Chicago Tribune

IG: Cook County needs revamp on sexual harassment outside of work following allegations against Preckwinkle ex-chief of staff
Tuesday, July 16, 2019
Chicago Tribune

Higher Assessments Hit North Suburban Commercial Property Owners
Thursday, July 11, 2019
Evanston Patch

How did an inmate get a loaded gun into Cook County Jail?
Thursday, July 11, 2019
Chicago Tribune

Check exemptions, file an appeal: What you can do to fight your Cook County property tax bill
Thursday, July 11, 2019
WGN Chicago

’A lack of mental health services has plagued Chicago for decades’: Holy Cross Hospital expanding to fill that void on the Southwest Side
Wednesday, July 10, 2019
Chicago Tribune

Construction Begins on New Cook County Health Center
Wednesday, July 10, 2019
Daily Herald

How To Appeal Your Cook County Property Tax Assessment
Wednesday, July 10, 2019
CBS Chicago

County Commission Hopes to Increase 2020 Census Participation
Wednesday, July 10, 2019
WTTW News

all news items

Paid for by Larry Suffredin and not at taxpayer expense. A Haymarket Production.
^ TOP