Merrionette Park, Ill., voters will get a chance soon to defeat a home rule initiative on the ballot. This mailer was sent to many households there.
Want a recipe for bad tax policy? Look no further than efforts by local municipalities to implement Home Rule status.
Merrionette Park is the latest community to try this approach, and IAR is working to help defeat the measure.
Home Rule ballot initiatives allow a municipality’s board to make local property tax decisions, not the taxpayers. According to Illinois law, local governments “may exercise any power and perform any function pertaining to its government affairs.”
A municipality could also implement point-of-sale inspections or landlord/tenant ordinances which could layer on additional costs for renters or buyers and sellers.
“As we all know, when a local municipality is empowered with home rule authority it seems for many that they have a “blank check” to do how and what they feel, especially on the revenue side,” said Tom Joseph, a governmental affairs director for IAR.
IAR is working with local REALTORS® in Merrionette Park to stop the home rule effort. Already, a mailer is being sent to local residents warning them of the dangers of adopting the policy.
Learn more about Home Rule here.
Illinois REALTORS® met with U.S. Rep. Randy Hultgren Friday, March 7, 2014 as part of the Let's Talk Real Estate meetings.
Illinois REALTORS® had breakfast Friday (March 7, 2014) with U.S. Rep. Randy Hultrgren, who represents Illinois’ 14th Congressional District.
Hultgren met with REALTORS® as part of the ongoing Let’s Talk Real Estate series of gatherings where IAR members discuss with a congressional representative the impact of federal housing policy.
Hultgren was able to hear about what is going on in the real estate market updates in his district. Sue Miller of McHenry, Chris Tenggren of Elburn, and Sue Wiskowski-Fair of Aurora provided statistics and commentary regarding trends in the industry.
Check out IAR’s gallery of photos from Friday’s meeting with U.S. Randy Hultgren in Batavia, Ill.
Hultgren represents the 14th Congressional District, and is one of many representatives to meet with Illinois REALTORS®.
Applications for the Illinois Real Estate Educational Foundation’s (REEF) Academic scholarships must be submitted by April 1, 2014. Click here to learn more and download an application.
REEF awards scholarships to students of real estate and related fields of study at colleges and universities both within and outside Illinois, to candidates of the Graduate, REALTOR® Institute (GRI) of Illinois program, and to those furthering their knowledge in the field of association management and leadership. The Foundation is supported through the voluntary contributions of those who recognize the importance of furthering academic experience and training in the real estate industry in Illinois.
Since 2000, REEF has awarded scholarships totaling over $412,300 to talented college students and real estate professionals. Learn more about these and other REEF scholarships at www.ilreef.org.