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Arkansas Senate Passes Bill to Repeal Self-Storage Tax

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.

March 9, 2009

1 Min Read
Arkansas Senate Passes Bill to Repeal Self-Storage Tax

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.

 

Source: News 3, Arkansas Senate Passes Bill to Repeal Warehouse, Self-Storage Tax

 

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