Amendment of Municipal Code Chapter 2-8 by adding new Section 2-8-036 regarding ordinance requirements for issuance of bonds and other indebtedness including approval by three-fifths affirmative vote of alderpersons for ordinances authorizing debt issuance

Votes › Finance › 13th Ward: Marty Quinn

• Record number: O2026-0026270
• Type: Ordinance; category: Municipal Code Amendments
• Status: Final
• Sponsor: Marty Quinn (13th Ward)
• Co-sponsors (8): Pat Dowell (3rd Ward), James M. Gardiner (45th Ward), Matthew J. O'Shea (19th Ward), Brendan Reilly (42nd Ward), Monique L. Scott (24th Ward), Silvana Tabares (23rd Ward), Gilbert Villegas (36th Ward), Scott Waguespack (32nd Ward)
• Committee: Committee on Finance
• Introduction Date: Jun 17, 2026
• Final Action Date: Sep 29, 2026
• Official record: Office of the City Clerk

Roll call: Passed Sep 29, 2026

32 yea, 15 nay. This was a divided vote. On motion of Alderperson Quinn, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed. Voted at the City Council meeting of Sep 29, 2026.

Nay (15): Lamont J. Robinson (4), William E. Hall (6), Julia M. Ramirez (12), David H. Moore (17), Michael D. Rodriguez (22), Byron Sigcho-López (25), Jessica L. Fuentes (26), Walter R. Burnett (27), Jason C. Ervin (28), Rossana Rodríguez Sánchez (33), Anthony J. Quezada (35), Angela Clay (46), Matthew J. Martin (47), Leni Manaa-Hoppenworth (48), Maria E. Hadden (49)

Yea (32): Brian Hopkins (2), Pat Dowell (3), Desmon C. Yancy (5), Gregory I. Mitchell (7), Michelle A. Harris (8), Anthony Beale (9), Peter Chico (10), Nicole T. Lee (11), Marty Quinn (13), Jeylú B. Gutiérrez (14), Raymond A. Lopez (15), Stephanie D. Coleman (16), Derrick G. Curtis (18), Matthew J. O'Shea (19), Jeanette B. Taylor (20), Ronnie L. Mosley (21), Silvana Tabares (23), Monique L. Scott (24), Ruth Cruz (30), Felix Cardona Jr. (31), Scott Waguespack (32), William Conway (34), Gilbert Villegas (36), Emma Mitts (37), Nicholas Sposato (38), Samantha Nugent (39), Anthony V. Napolitano (41), Brendan Reilly (42), Timothy R. Knudsen (43), Bennett R. Lawson (44), James M. Gardiner (45), Debra L. Silverstein (50)

Not voting (3): Daniel La Spata (1), Chris Taliaferro (29), Andre Vasquez Jr. (40)

Plain-language summary

Written by AI (claude-opus-5-5) from the ordinance text only: O2026-0026270 C.L..pdf. AI can make mistakes; the official document always wins.

This is a report from the City Council's Committee on Finance about an ordinance that would add a new Section 2-8-036 to the Municipal Code. Based on the title, the new section sets requirements for ordinances that allow the City to issue bonds or take on other debt, including a three-fifths vote of alderpersons to approve them. The committee recommended that the full City Council pass the ordinance.

• Adds a new Section 2-8-036 to Chapter 2-8 of the Municipal Code about issuing bonds and other debt.
• According to the title, ordinances authorizing debt would need a three-fifths affirmative vote of alderpersons.
• Introduced by Alderman Marty Quinn (13th Ward) and others.
• The Committee on Finance recommended passage after a roll call vote on September 14, 2026.
• Nine committee members voted no: Aldermen Hall (6th), Ramirez (12th), M. Rodriguez (22nd), Sigcho Lopez (25th), Burnett (27th), Ervin (28th), Rodriguez-Sanchez (33rd), Quezada (35th), and Martin (47th).

Who: This affects the City Council and the City of Chicago when it seeks to issue bonds or take on other debt.

Timeline

• Jun 17, 2026: Referred, City Council. The matter was Referred to Committee.
• Sep 14, 2026: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
• Sep 23, 2026: Deferred and Published, City Council. On request of Alderperson Ervin and Alderperson Hall, the matter was Deferred and Published.
• Sep 29, 2026: Passed, City Council (32 yea, 15 nay), at the City Council meeting. On motion of Alderperson Quinn, and unsuccessful motion to reconsider by Alderperson Mitchell, the matter was Passed.
• Oct 14, 2026: Vetoed, City Council. The matter was Vetoed. (Mayoral Veto - F2026-0029381)

Documents

• w13 - o26270.pdf (Legislation)
• O2026-0026270 C.L..pdf (Committee Letter)

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