The Arkansas Senate voted Monday to repeal the state's tax on mini-warehouses and self-storage services. By a 30-3 vote, the senators approved legislation that would repeal the tax beginning July 1, 2011.
The Arkansas Department of Finance and Administration said losing the tax would cost the state about $4.2 million a year. The warehouse tax was enacted in 2004 by lawmakers to help pay for an overhaul of the state's public school system. The proposal now heads to the House.