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Joint Committee: Economic, Capital and Technology Development; Finance

Wednesday, July 27, 2011 · 10:00 AM AM · Council Chambers -- City Hall -- Chicago, Illinois

TL;DR

The committee approved two amendments to Chicago's Employer's Expense Tax rules to provide relief for small businesses. The changes modify how the city taxes employers and address how affiliated or combined companies are treated under this tax.

Key Decisions

  • Small Business Employer's Expense Tax Relief Passed
  • Affiliated/Combined Company Ownership Provisions Passed

Agenda

  1. Untitled item
  2. 1 Amendment of Municipal Code Chapter 3-20 by modifying Employer's Expense Tax provisions for small businesses
    Ordinance
    Action: Held in Committee Passed

    Held in Committee

  3. 2 Amendment of Municipal Code Section 3-20-020 by adding new subsection K regarding affiliated or combined company ownership provisions under Employer's Expense Tax
    Ordinance
    Action: Held in Committee Passed

    Held in Committee