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.
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