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Record #: O2021-3214   
Type: Ordinance Status: Failed to Pass
Intro date: 7/21/2021 Current Controlling Legislative Body: Committee on License and Consumer Protection
Final action: 5/24/2023
Title: Amendment of Municipal Code Chapter 4-4 by adding new Section 4-4-025 regarding installment plan for license fee payments
Sponsors: Reilly, Brendan, Tunney, Thomas, Smith, Michele, La Spata, Daniel , Hopkins, Brian
Topic: MUNICIPAL CODE AMENDMENTS - Title 4 - Businesses, Occupations & Consumer Protection - Ch. 4 General Licensing Provisions
Attachments: 1. O2021-3214.pdf
Related files: R2023-766
Committee on License and Consumer Protection City Council Meeting, July 21, 2021 Alderman Brendan Reilly, 42nd Ward
ORDINANCE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:

SECTION 1. Chapter 4-4 of the Municipal Code of Chicago is hereby amended by inserting a new Section 4-4-025, as follows:
4-4-025 License fee payments - Installment plan.

Unless otherwise provided for in this Code, any person issued a license whose term expires at the end of two years and whose total license fee payments to the city for one or more licenses exceeds $1,000.00 per year may make such payments in installments, with the first installment equal to one-half of the two-year license fee, and the second installment equal to one-half of the two-year license fee to be paid within one calendar year of the payment of the first installment. The default of any installment under such installment plan shall be grounds for revocation of the applicable license or licenses.

BRENDAN REILLY Alderman, 42nd Ward
SECTION 2. This ordinance is effective upon passage and approval.
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