SPRINGFIELD — Chicago homeowners who pay into home equity assurance programs will soon be able to use their tax dollars to protect their home from flooding, thanks to a new law led by State Senator Robert Martwick.

“Flooding in Chicago has been getting worse each year, posing a significant threat to homeowners, especially when their insurance won’t cover the steep costs associated with restoration after a flood,” said Martwick (D-Chicago). “Allowing home equity assurance programs to provide financial relief is a crucial step in terms of giving back to the communities that they serve.”

SPRINGFIELD — Chicago homeowners who pay into home equity assurance programs could soon see their tax dollars put to better use through increased access to home repair, thanks to a measure passed by State Senator Robert Martwick.

“Our communities have faced unprecedented flooding in the past few years, and insurance will not always cover the damage,” said Martwick (D-Chicago). “By returning the funds to the people who need it most we improve the health and welfare of our neighborhoods.”

Illinois first allowed the creation of home equity assurance programs — or HEAPs — in 1987 with the goal of preserving the value of a resident’s property. The programs are funded through property taxes collected from homeowners in the HEAP district, who can enroll in the program by paying for an appraisal of their home. In return, they receive the guarantee that if they own the home for five years, they will not lose money when they sell the home if the market value has dropped.

SPRINGFIELD — Chicago homeowners who pay into home equity assurance programs could soon see their tax dollars put to better use through increased access to home repair, thanks to a measure presented by State Senator Robert Martwick.

“This bill allows home equity programs to serve their communities — communities that need aid after the unprecedented flooding we’ve experienced in the past few years,” said Martwick (D-Chicago). “Members pay into their programs for years, and it’s time we ensure they benefit.”

Illinois first allowed the creation of home equity assurance programs — or HEAPs — in 1987 with the goal of preserving the value of a resident’s property. The programs are funded through property taxes collected from homeowners in the HEAP district, who can enroll in the program by paying for an appraisal of their home. In return, they receive the guarantee that if they own the home for five years, they will not lose money when they sell their homes if the market value has dropped.

SPRINGFIELD — Under a measure from State Senator Robert Martwick, the property tax system in Illinois would face review by the Department of Revenue.

“Taxpayers all across the state of Illinois are aware that the property tax system needs to be reformed,” said Martwick (D-Chicago). “This bill represents an acknowledgement that our property tax system needs to be reevaluated and the best reforms can only be achieved by instituting best practices, which will be identified by this study.”

Martwick’s measure would commission the Department of Revenue, in consultation with the Department of Commerce and Economic Opportunity, to conduct a comprehensive study evaluating the entire property tax system in the state. During the study, IDOR would examine whether the existing property tax levy, assessment, appeal and collection process is reasonable and fair, and issue recommendations for improvement.

SPRINGFIELD — To protect buyers, lenders and homeowners, State Senator Robert Marwick has advanced legislation that would lay out regulations for online foreclosure sales.

“Losing a home through foreclosure proceedings is one of the most difficult experiences a person can face,” said Martwick (D-Chicago). “This legislation both permits and sets regulations for online foreclosure sales, which can ensure the best possible outcomes for people facing this difficult financial stress.”

The measure would allow online foreclosure sales to be conducted online, in-person or both, and would require the method be included in the notice of sale. Further, the measure includes requirements for a proper online sale including allowable fees, registration and identification requirements, and the bidding procedure.

SPRINGFIELD — State Senator Robert Martwick has advanced a measure that would prohibit municipalities from discharging police officers due to a line-of-duty injury.

“With this measure, we are giving our dedicated police officers the same protections that we offer to our firefighters,” said Martwick (D-Chicago). “First responders should never be at risk of losing their job because of a work-related disability.”

Martwick’s measure would ensure police officers could not be discharged from their duties based on their application for disability-related pension benefits. Once a chief of police receives notice that an officer is able to return to work, it would also require the officer to be reinstated to the same rank or grade they held prior to being placed on leave.

SPRINGFIELD — Under a new measure proposed by State Senator Robert Martwick, the property tax system in Illinois would face review by the Department of Revenue.

“Clearly, the property tax system across the entirety of the state of Illinois is in need of reform,” said Martwick (D-Chicago). “This study will help us identify fair and equitable reforms that will give property tax payers across the state a greater sense of certainty about their property tax burden.”

Martwick’s measure would commission the Department of Revenue, in consultation with the Department of Commerce and Economic Opportunity, to conduct a comprehensive study evaluating the entire property tax system in the state. During the study, IDOR would examine whether the existing property tax levy, assessment, appeal and collection process is reasonable and fair, and issue recommendations for improvement.

CHICAGO — State Senator Robert Martwick joined community leaders on Tuesday to celebrate the ribbon cutting of Eli’s Cheesecake’s expanded facility.

“Eli’s Cheesecake is one of the largest specialty cheesecake and dessert companies in the country,” said Martwick (D-Chicago). “Seeing this third-generation family-owned business expand their legacy speaks to the continued economic growth of our communities.”

The $10 million investment and expanded facility — which is the company’s first expansion in almost 30 years — will create at least 50 new local jobs. The expansion nearly doubles the size of the bakery, allowing for increased bakery operations, including additional production and packaging lines, warehousing and welfare areas. The facility also includes Eli’s Corporate Offices and the Eli’s Cheesecake Bakery Café.