Lincoln Park Spooktacular Returns for Two Days Of Trick-Or-Treating Fun
October 11, 2024
Voters during the March 19, 2024, Primary Election will be asked to vote on a Chicago real estate transfer tax. According to the language of the referendum, the ballot question would prompt voters to decide whether the city should move from the current flat tax model on real estate transfers to a graduated tax, which would impact all transactions of $1 million or more. This ballot initiative would create a graduated real estate transfer tax, which is paid by buyers who purchase commercial buildings or homes. If passed, the ballot initiative would do the following:
Click here to watch a recent forum hosted by the Small Business Advocacy Council (SBAC) on Thursday, March 7 from 1:00 – 2:00 p.m. regarding this ballot initiative.
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©2024 LINCOLN PARK CHAMBER OF COMMERCE