The Chicago pension bill backed by Mayor Rahm Emanuel and passed by Springfield is sitting on Gov. Pat Quinn’s desk, and the governor is in no hurry to sign it. […]
Quinn doesn’t want to sign off on legislation that could possibly lead to an increase in property taxes for Chicagoans, especially after he trumpeted property tax relief in his 2014 budget address. Instead, Quinn proposed giving out extra tax revenue in the state to municipalities in need of pension fixes, including Chicago.
Emanuel has no problem with the governor sharing a greater amount of the state income tax revenue with municipalities, but that won’t replace the need to raise property taxes in Chicago, he said.
* The Question: What do you think Gov. Quinn will do with the Chicago pension reform bill? Take the poll and then explain your answer in comments, please.