Illinois Senate Bill 750, which lists self-storage as a service subject to state sales tax, moved on to its third reading in the Senate yesterday, putting it only one vote away from heading to the House.

May 29, 2009

1 Min Read
Self-Storage Sales Tax in Illinois: One Step Closer to Reality

Illinois Senate Bill 750, which lists self-storage as a service subject to state sales tax, moved on to its third reading in the Senate yesterday, putting it only one vote away from heading to the House. If passed, the bill will require that all self-storage facilities in the state collect sales tax on unit rentals, perhaps as early as July 2009.
 
The Illinois Self Storage Association is working diligently to stall the bill until the fall session and ultimately remove self-storage from the bill. Local self-storage owners are encouraged to call their state senators and representatives and urge them to vote “no” on SB 750.

The pending bill will be discussed at the upcoming Great Lakes Self Storage Expo in Lisle, Ill., June 4-5, which will be attended by self-storage professionals throughout the Midwest. Information about the event can be found at www.glss-expo.com.

Related Articles:

Self-Storage Could Be Taxed in Illinois

Michigan Self-Storage Operators Freed From Service Tax

Real Estate Roundup: Sales Tax—A Double Demon?

Refunds on Self-Storage Sales Tax Available in South Dakota

North Carolina Seeks to Tax Self-Storage

Illinois, Indiana Self Storage Associations Host Great Lakes Expo

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