Record #: O2018-4988   
Type: Ordinance Status: Passed
Intro date: 6/27/2018 Current Controlling Legislative Body: Committee on License and Consumer Protection
Final action: 7/25/2018
Title: Amendment of Municipal Code Section 3-24-030 regarding surcharge associated with vacation rentals and shared housing units
Sponsors: Emanuel, Rahm
Topic: MUNICIPAL CODE AMENDMENTS - Title 3 - Revenue & Finance - Ch. 24 Chicago Hotel Accommodations Tax
Attachments: 1. O2018-4988.pdf
OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL MAYOR

June 27, 2018










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Commissioner of Business Affairs and Consumer Protection, I transmit herewith an ordinance amending Section 3-24-030 of the Municipal Code regarding surcharge associated with vacation rentals and shared housing units

Your favorable consideration of this resolution will be appreciated.

Mayor


Very truly yours,
ORDINANCE



BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:


SECTION 1. Section 3-24-030 ofthe Municipal Code of Chicago is hereby amended by inserting the language underscored, as follows:
3-24-030 Tax imposed.
(Omitted text is unaffected by this ordinance)
B. In addition to the tax imposed under subsections A. and C. of this section, there is hereby imposed and shall immediately accrue and be collected a surcharge, as herein provided, upon the rental or leasing of any hotel accommodations at any vacation rental or shared housing unit in the City of Chicago, at the rate of four percent of the gross rental or leasing charge. The purpose of this surcharge is to fund supportive services attached to permanent housing for homeless families and to fund supportive services and housing for the chronically homeless. Up to eight percent of the revenue from the surcharge shall be used for the City's administration and enforcement of Section 4-6-300 and Chapter 4-14 of the Code, as needed. The remaining revenue from the surcharge shall be used to fund supportive services attached to permanent housing for homeless families and supportive services and housing for the chronically homeless. The surcharge is a part of the tax imposed by this Chapter, and all references to the tax shall be deemed to include the surcharge.
C In addition to the tax imposed under subsections A. and B. of this section, there is hereby imposed and shall immediately accrue and be collected a ...

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