Lightfoot floats casino, real estate transfer tax plans with Chicago delegation

Mayor Lori Lightfoot wants the Illinois General Assembly to reduce the effective tax rate on a Chicago casino to 45 percent, have the city and state “own the license” and authorize a graduated transfer tax that would apply to commercial real estate sales.


The mayor floated those plans during a private meeting over the weekend with members of the Chicago delegation.


https://chicago.suntimes.com/politics/2019/10/14/20914075/chicago-casino-real-estate-transfer-tax-veto-session-lightfoot

1 view

Recent Posts

See All

Hard Rock Rockford Gets Approval for Temporary Casino

The Illinois Gaming Board has given developers approval to build a temporary casino in Rockford. That’s according to a statement issued by the city’s mayor on Friday. https://www.casino.org/news/hard-