Update 2/14/18: The Illinois legislature has attempted over the last several years to impose a tax on the rental of units at self storage facilities. We have successfully defeated those attempts and continue to monitor for legislative activity adverse to the self storage industry.
The Illinois Self Storage Association, together with the national Self Storage Association, is working on a number of issues to protect and improve your regulatory arena. Most recently, a year-long effort was rewarded at the end of 2016 with a bill reauthorizing regulations enabling point-of-rent sales of tenant insurance through a limited lines structure, which was due to sunset. The passing of this legislation has added to our history of successful representation for the industry. In 2011 and again in 2014, IL-SSA updated lien law provisions consistent with lien modernization in other states.
Thanks to the excellent work of Brian Wojcicki, his colleagues at Cook-Witter and of course your outstanding advocacy, we are pleased to announce that a statewide self storage tax is not coming to Illinois.
Everyone’s assistance and patience through this process is greatly appreciated.
Illinois Self Storage Association Standardized Lease
Tired of spending time and money on drafting leases? Members of the IL-SSA can purchase a standard rental agreement designed specifically for self storage operators in Illinois for $295. Please call (703) 575-8000 x111 or click here to order your copy today. To be eligible for lease purchase, you must:
- Be a member of the IL-SSA in good standing (all dues paid)
- Operate a facility(s) in Illiniois and intend to use said Lease at the facility(s)
- Agree not to distribute, sell or reproduce lease agreement to or for any person or entity not entitled to use the Lease.