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Ald. O’Shea introduces pension funding ordinance

JULY 29, 2019 | by Glenn Minnis | CHICAGO CITY WIRE

“Chicago's 19th Ward Ald. Matthew O’Shea has introduced a series of ordinances before the City Council that he is convinced could mean millions for the state’s deeply underwater pension systems. Among his proposals, O’Shea revealed a plan that would hike the real estate transfer tax on property values in excess of $1 million. …”

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