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Quinn: Must reduce reliance on property tax

Published: Thursday, April 3, 2014 12:00 p.m. CST

CHICAGO (AP) — Gov. Pat Quinn won't say if he opposes legislation that would mean a hike in Chicago property taxes to overhaul two city pension systems, but says he wants to reduce reliance on such taxes as a revenue source.

The Chicago Democrat told reporters Thursday he wants to see the bill's final version and is awaiting its consideration on the House floor.

On Wednesday, a House committee approved the plan by Mayor Rahm Emanuel. The proposal calls for hiking property taxes by $750 million over five years. City officials initially estimated it at $250 million.

Quinn wouldn't say if he'd sign it, adding that the bill has already changed.

He focused on his plan to give homeowners a property tax refund. His budget calls for making Illinois' temporary tax increase permanent.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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