OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR
November 16, 2020
TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO
Ladies and Gentlemen:
At the request ofthe Budget Director, I transmit herewith the 2021 Revenue ordinance. Your favorable consideration of this ordinance will be appreciated.
Very truly yours
REVENUE ORDINANCE
WHEREAS, The City of Chicago is a home rule unit of government as defined in Article VII, Section 6 (a) of the Illinois Constitution; and
WHEREAS, As a home rule unit of government, the City of Chicago may exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, The management of its finances is a matter pertaining to the government and affairs of the City of Chicago; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
This ordinance is organized into Articles, as follows:
Article I Taxes
Article II Parking Meters
Article III Harbor Fee Update
Article IV Water Relief
Article V Impoundment
Article VI Miscellaneous
Article VII Severability and Repealer
Article VIII Effective Dates
ARTICLE I. TAXES
SECTION 1. Section 3-32-030 ofthe Municipal Code of Chicago is hereby amended by deleting the language struck through, as follows:
3-32-030 Tax imposed.
(Omitted text is unaffected by this ordinance)
B. The rate ofthe tax shall be nine percent ofthe lease or rental price, unless subsection B.1 of this section provides for a lowor rato. The tax shall be paid by the lessee at the time of each lease or rental payment, and each tax payment shall be determined by applying the tax rate to the lease or rental payment.
&tA In tho caso of tho nonpossessory leaso ofa computer primarily for tho purpose of
allowing tho customer to uso tho provider's computer and software to input, modify or retrieve data or information that is supplied by tho customor, tho rato of tho tax imposed by this chapter shall be 7.25 percent of the lease or rental price.
(Omit...
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