Illinois Republican lawmakers introduce a bill for a 6-month gas sales tax pause – WGLT (NPR at ISU)
State Rep. Ryan Spain said now the revenue from the tax is being moved from downstate to Chicago transit. He added the bill can work with the budget because Chicago did not need as much money as they received. “This sales tax that I’m speaking about was promised as a delivery into the Road Fund,” Spain said. “Those dollars have now been rescinded and transferred beginning on July one to fund Chicago land transit.”
The downtown office vacancy rate ticked up during the first quarter to an all-time high of 28.6% from 28.2% at the end of 2025. The share of available workspace in Chicago’s urban core is up from 26.5% a year ago and 13.8% when the COVID-19 pandemic began, having now hit new record highs for 15 consecutive quarters. But competition is stiff for large spaces in prime buildings.