Current:Home > FinanceJudge throws out Chicago ballot measure that would fund services for homeless people -AssetScope
Judge throws out Chicago ballot measure that would fund services for homeless people
View
Date:2025-04-16 21:29:30
CHICAGO (AP) — A Cook County judge has rejected a Chicago ballot measure that would have raised a one-time tax on luxury properties to fund services for homeless people after objections from real estate and business groups.
The ruling Friday by Judge Kathleen Burke came as early voting for Illinois’ March 19 primary has already started. The tax measure appears on the ballot.
The measure would have raised what’s called the real estate transfer tax on properties valued at over $1 million, but lower it on properties under that amount.
Supporters, including first-term Mayor Brandon Johnson, estimated it would have brought in about $100 million a year, which would be used to fund housing and other services including mental health care. Cities including Los Angeles and Santa Fe, New Mexico have adopted similar tax increases.
Maxica Williams, board president of the Chicago Coalition for the Homeless, issued a statement expressing disappointment in the ruling.
“We are outraged by the fact that this small minority of wealthy real estate interests would rather spend thousands of dollars on legal fees to preserve a brutally unjust status quo than pay their fair share in taxes,” Williams said.
Roughly 68,000 people experience homelessness in Chicago.
Business groups, including the Building Owners and Managers Association International, argued the tax would disproportionately hit commercial real estate as Chicago’s downtown is still struggling to recover from the coronavirus pandemic.
Attorneys for Bring Home Chicago, who championed the ballot measure, have said they would appeal any decision thwarting their efforts to get the question on the ballot.
veryGood! (3785)
Related
- All That You Wanted to Know About She’s All That
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Small twin
- Trump wants to turn the clock on daylight saving time
- 2025 'Doomsday Clock': This is how close we are to self
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Sonya Massey's father decries possible release of former deputy charged with her death
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Current, future North Carolina governor’s challenge of power
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Ranking
- The White House is cracking down on overdraft fees
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- The Daily Money: Spending more on holiday travel?
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Sam Taylor
Recommendation
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
In ‘Nickel Boys,’ striving for a new way to see
Meta releases AI model to enhance Metaverse experience
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Sam Taylor
Buckingham Palace staff under investigation for 'bar brawl'
The White House is cracking down on overdraft fees