ibusinesslines.com February 21, 2018

Chicago Rethinks Soda Tax

11 October 2017, 01:17 | Justin Tyler

Pop Tax Repeal OK Expected Today In Cook County Committee Vote

Chicago Rethinks Soda Tax

Morrison said the full county board is expected to vote on a report including only the repeal action at Tuesday's finance committee of the whole meeting.

The tax has been plagued, in its very short life, by legal challenges, implementation glitches, and a screeching, multi-million-dollar media battle between the soda industry and public health groups. The board's finance committee will vote on a measure to repeal the unpopular penny-per-ounce tax. If the item passes at today's committee meeting, commissioners would take a second vote to accept the finance committee report at Wednesday's regular county board meeting.

Preckwinkle warned commissioners Thursday that they would be forced to make steep cuts across the county to make up for the lost revenue officials counted on from the tax to balance next year's $5.4 billion budget. The ads are still running on some major TV networks in Chicago, despite commissioners last week announcing they had enough votes for a repeal which would go into effect in December. Cook County has a population of over 5 million people, according to data from the U.S. Census Bureau.

Unlike other cities and counties that have passed soda taxes in recent years, Cook County was arguably cursed from the start. Their voices and opposition to the tax have been clear and consistent.

The Cook County Board Finance Committee was scheduled to meet at 10 a.m. on October 10 to vote on the tax, and if he follows his word, Daley's decision will be good for consumers. "Now, together, we must chart a new course toward the eighth consecutive balanced budget of my tenure as board president".

Preckwinkle released a statement thanking supporters of the Ordinance, including the American Heart Association and the Illinois Public Health Institute, while sounding a conciliatory note.

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