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Record #: O2019-6980   
Type: Ordinance Status: Introduced
Intro date: 9/18/2019 Current Controlling Legislative Body: Committee on Finance
Final action:
Title: Amendment of Municipal Code Section 3-24-030 by increasing Chicago Hotel Accommodations Tax
Sponsors: Ramirez-Rosa, Carlos
Topic: MUNICIPAL CODE AMENDMENTS - Title 3 - Revenue & Finance - Ch. 24 Chicago Hotel Accommodations Tax
Attachments: 1. O2019-6980.pdf
Committee on Finance September 18, 2019

ORDINANCE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO: Chapter 3-24 of the Municipal Code of the City of Chicago is hereby amended by deleting the language struck through and inserting the language underscored, as follows: (Omitted text is unaffected by this ordinance)

Chapter 3-24
CHICAGO HOTEL ACCOMMODATIONS TAX 3-24-030 Tax imposed.
There is hereby imposed and shall immediately accrue and be collected a tax, as herein provided, upon the rental or leasing of any hotel accommodations in the City of Chicago, at the rate of fettr seven and one-half percent of the gross rental or leasing charge.
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.
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 surcharge, as herein provided, upon the rental or leasing of any hotel accommodations at any vacation rental or shared housing unit in...

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