* Press release…
The Cook County Assessor’s Office was informed by House leadership that SB 1379, the Data Modernization Bill, would not move out of the Rules Committee for a vote during the current legislative session.
In response, Assessor Fritz Kaegi released the following statement:
Days spent crafting a property tax reform bill: 272
“Yes” votes in the Senate: 36
Co-sponsors in the House: 39
Number of Cook County’s Southern Suburbs waiting for more accurate assessments: 80+
Number of jurisdictions in the U.S. with a similar method of data collection: 17
Business leaders, school districts, organized labor groups, community organizations and elected officials throughout Cook County and Illinois who publicly support the bill: 73
Hours of meetings with those who oppose the bill: Limitless
Reasons why Illinois and Cook County don’t deserve a fair, equitable and transparent assessment system: 0
SB 1379 remains the best first legislative step toward reform of the property tax system. We’ll be back next session to get it passed.
*** UPDATE *** Press release…
The Chicagoland Chamber of Commerce, Illinois Retail Merchants Association and Illinois Manufacturers’ Association have issued this statement in response to the Assessor’s statement:
“We are disappointed by the Assessor’s statement and the disrespect it shows to the various stakeholders who engaged in meaningful discussion and the legislators who expressed their concerns with the unknown impacts. Approaching such a significant change to a $14.5 billion system should be done with thorough consideration. Haste makes waste and Cook County property owners, residential and commercial alike, have certainly experienced enough waste.”