Establishes the Chicago Downtown Revitalization Task Force to analyze economic impacts, trends, and best practices for revitalizing downtown Chicago.
The Chicago Downtown Revitalization Task Force Act establishes a task force to analyze economic impacts, trends, and best practices for revitalizing downtown Chicago post-pandemic. The task force will analyze taxes and economic incentives, research trends, examine national best practices, assess industry clusters, and recommend policy solutions. The task force will submit an initial report within 12 months and periodic updates. The task force will dissolve five years after the act's effective date, and the act will be repealed on January 1, 2032.
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