Parking Tax Would Support Building, Hit Private Land

Dec 2, 2019

A tax on parking places to help finance Illinois' $45 billion statewide construction plan has lawmakers taking a second look. 

The (Springfield) State Journal-Register reports that the tax takes effect Jan. 1. It's 9% on spaces that are rented by the month or year. It's 6% for spaces rented hourly, daily or weekly. 

It will raise $60 million annually, and is part of more than $800 million in new taxes and fees that will finance state construction. 

But proposed rules would make the tax so broad that even those who rent private property for parking - as dozens in Springfield do annually in August during the Illinois State Fair - would pay the tax. 

Springfield Republican Rep. Tim Butler suggested reviewing the tax because of difficulty in enforcing it.