# 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](https://www.chicagopolitics.org/legislation) › [Finance](https://www.chicagopolitics.org/committee/finance) › [13th Ward: Marty Quinn](https://www.chicagopolitics.org/ward/13)

- Record number: **O2026-0026270**
- Type: Ordinance; category: Municipal Code Amendments
- Status: Final
- Sponsor: [Marty Quinn](https://www.chicagopolitics.org/ward/13) (13th Ward)
- Co-sponsors (8): [Pat Dowell](https://www.chicagopolitics.org/ward/3) (3rd Ward), [James M. Gardiner](https://www.chicagopolitics.org/ward/45) (45th Ward), [Matthew J. O'Shea](https://www.chicagopolitics.org/ward/19) (19th Ward), [Brendan Reilly](https://www.chicagopolitics.org/ward/42) (42nd Ward), [Monique L. Scott](https://www.chicagopolitics.org/ward/24) (24th Ward), [Silvana Tabares](https://www.chicagopolitics.org/ward/23) (23rd Ward), [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (36th Ward), [Scott Waguespack](https://www.chicagopolitics.org/ward/32) (32nd Ward)
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Introduction Date: Jun 17, 2026
- Final Action Date: Sep 29, 2026
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=E30B2A49-5F6A-F111-A823-001DD812B39C)

## 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](https://www.chicagopolitics.org/meeting/E9154AB7-96B7-F111-AAAC-001DD803894A).

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

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

**Not voting (3)**: [Daniel La Spata](https://www.chicagopolitics.org/ward/1) (1), [Chris Taliaferro](https://www.chicagopolitics.org/ward/29) (29), [Andre Vasquez Jr.](https://www.chicagopolitics.org/ward/40) (40)

## Plain-language summary

> Written by AI (claude-opus-5-5) from the ordinance text only: [O2026-0026270 C.L..pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/4349ec73-5406-4988-82ea-c000584e6b2d.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](https://www.chicagopolitics.org/meeting/E9154AB7-96B7-F111-AAAC-001DD803894A). 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](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/2f33cbce-08d0-4c67-a889-fdc1ca30d472.pdf) (Legislation)
- [O2026-0026270 C.L..pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/4349ec73-5406-4988-82ea-c000584e6b2d.pdf) (Committee Letter)

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Source: https://www.chicagopolitics.org/matter/O2026-0026270-adding-new-regarding-ordinance-requirements-issuance · Chicago Politics, an independent tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt