Current:Home > StocksPredictIQ-Judge throws out Chicago ballot measure that would fund services for homeless people -Wealth Empowerment Zone
PredictIQ-Judge throws out Chicago ballot measure that would fund services for homeless people
Algosensey Quantitative Think Tank Center View
Date:2025-04-08 06:24:58
CHICAGO (AP) — A Cook County judge has rejected a Chicago ballot measure that would have PredictIQraised 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! (763)
Related
- Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
- Sean Diddy Combs Charged With Sex Trafficking and Racketeering Hours After New York Arrest
- 23andMe agrees to $30 million settlement over data breach that affected 6.9 million users
- Railroads and regulators must address the dangers of long trains, report says
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Nebraska man sentenced for impersonating 17-year-old high school student: Reports
- What time is the partial lunar eclipse? Tonight's celestial event coincides with Harvest Moon
- Gilmore Girls' Kelly Bishop Reacts to Criticism of Rory Gilmore's Adult Storyline
- Rylee Arnold Shares a Long
- The Biden administration is letting Alaska Airlines buy Hawaiian Air after meeting certain terms
Ranking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Miley Cyrus Sued Over Flowers for Allegedly Copying Bruno Mars Song
- Trump rolls out his family's new cryptocurrency business
- A Harvest Moon reaches peak illumination tonight: When to look up
- Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
- Tennessee official and executive accused of rigging a bid on a $123M contract are charged
- Northern lights forecast: These Midwest states may catch Monday's light show
- Boston Marathon lowers qualifying times for most prospective runners for 2026 race
Recommendation
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Reservations at Casa Bonita, 'South Park' creators' Denver restaurant fill up in hours
Emily Gold, teen dancer on 'America's Got Talent,' dead at 17
San Francisco 49ers WR Deebo Samuel to miss a couple weeks with calf injury
Southern California rocked by series of earthquakes: Is a bigger one brewing?
Railroads and regulators must address the dangers of long trains, report says
Ex-officer testifies he beat a ‘helpless’ Tyre Nichols then lied about it
Why Josh Gad Regrets Using His Voice for Frozen's Olaf