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Illinois Sales Taxes Parking excise tax exemptions enacted

Illinois Sales Taxes Parking excise tax exemptions enacted

L. 2022, H4132 (P.A. 102-0920), effective 05/27/2022, exempts the following from the parking excise tax: (a) for the duration of the Illinois State Fair or the DuQuoin State Fair, parking in a parking area or garage operated for the use of attendees, vendors, or employees of the State Fair and not otherwise subject to tax in the ordinary course of business; (b) parking in a parking area or garage operated by the State, a State university created by statute, or a unit of local government that has been issued an active tax exemption number by the Department; (c) parking in a parking area or garage owned and operated by a person engaged in the business of renting real estate if the parking area or garage is used by the lessee to park motor vehicles, recreational vehicles, or self-propelled vehicles for the lessee’s own use and not for the purpose of subleasing parking spaces for consideration; (d) the purchase of a parking space by the State, a State university created by statute, or a unit of local government that has been issued an active tax exemption number by the Department, for use by employees of the State, State university, or unit of local government, provided that the purchase price is paid directly by the governmental entity; and (e) parking in a parking space leased to a governmental entity that is exempt pursuant to statute provisions when the exempt entity rents or leases the parking spaces in the parking area or garage to the public.

Illinois Sales Taxes Parking excise tax exemptions enacted

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