Upcoming Events
Public Hearing on Removing Bank Tax Exemption Referendum
9:00 am
Committee on Finance
City Council Chamber, Second Floor
City Hall, Chicago, Illinois
Wednesday, July 28, 2010
For consumers who buy or sell a home in Illinois, there is no way around it: they will pay taxes to transfer the title of a home from seller to buyer.
But for banks, the situation is different. Banks and other mortgagees or secured creditors that foreclose on a home don't pay a tax connected to the transfer of the title in question. And at least one Chicago alderman says it's time to change that exemption.
Maldonado recently proposed to the city's Finance Committee a resolution that would give voters a chance to change the exemption and make banks pay for transfer taxes on foreclosures.
The resolution can be downloaded here.
School Childrens Clothing Free Swap - Drop Off
1:30pm-4:30pm
Maternity BVM
3647 W. North Avenue
Chicago, IL
Saturday, August 14, 2010
Need Volunteers between 1:00pm and 6:00pm to accept donated clothing and organize for next week's Pick-Up.
School Childrens Clothing Free Swap - Pick-Up
1:00pm-6:00pm
Maternity BVM
3647 W. North Avenue
Chicago, IL
Saturday, August 21, 2010
Need volunteers from 1:00pm-6:00pm to help families pick-up free childrens clothing and shoes.
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