tax policy

Housing advocates say a mix of rising construction costs, elevated interest rates and limited public funding has made it increasingly difficult to complete affordable housing developments—even when federal assistance is available. #housing #tax #

“We impose a motor fuel tax across the state that was adjusted six years ago, seven years ago now, in 2019, but then we impose a sales tax on top of that motor fuel tax,” Spain said. #tax #gas

The Sports Betting Alliance (SBA), a national trade group representing major online operators, attributed the decline to rising tax burdens and increased competition from neighboring states. #betting #sports

Industry groups and some lawmakers have warned that local taxes layered on top of state levies could drive bettors to illegal markets. #betting #illinoishousegaming #regulation

The Cook County assessor race is expected to draw significant attention as property tax concerns remain a central issue for homeowners and local governments alike. #assesor #debate #cookcounty

During his presentation on Wednesday, Johnson described executive orders he has issued and other measures he has taken against the federal government. #federalagents #chicagomayor #prosecution

City officials presented a compelling, data-driven argument, revealing that the exemption application was not only incomplete but also misleading, failing to meet the stringent legal standards required by Illinois law. #tax #protection #zion

One measure approved that takes effect immediately is Senate Bill 1911, which decouples the state tax code from federal code. #bill #enacted #pritzker

Bhatt said taxpayers who are seeing and hearing about the no tax on tips at the federal level might not think about having to actually add those back into their state return. #taxtips #rule

He also stressed the need for more resources for law enforcement so officers can work safely and effectively. #safety