The Illinois Self Storage Association (ISSA) continues its efforts to fight the implementation of sales tax on self-storage leases. ISSA has been meeting with key legislators to outline its opposition.
With the State of Illinois on the brink of bankruptcy ($12.9 billion deficit), legislators are looking at all possible ways to generate revenue. In his budget address on March 10, the governor called for a $4-billion-plus increase in revenue and a $2 billion in spending cuts. ISSA will continue to push its arguments to remove self-storage from the list of services targeted to be taxed.