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As we communicated via email last week, the Illinois Governor and Democratic leaders recently approved a bill that would cap the current retail sales tax allowance dealers—and all Illinois retailers—receive at $1K per month or $12K annually. Currently, Illinois dealers receive 1.75% of the sales taxes as a reimbursement for collecting, administering and distributing the money to taxing bodies. CATA estimates this will result in a $60K loss in annual revenue for Illinois dealers, on average.
We’re committed to fighting on dealers’ behalf and are working diligently to try and help dealers recoup some (ideally all) of what would be lost, but we NEED YOUR HELP.
CATA introduced a new lobbying resource called Congress Plus a couple of weeks ago. It’s critical we have as many of our dealer members as possible join this platform. Key benefits include reaching local legislators in a concise and timely manner when issues like these arise. Dealers will be able to customize email templates and quickly press “send” to reach their local legislators. There is power in numbers, and the dealers deserve to be heard.
We urge you to take the time to sign on to Congress Plus; this will greatly help with grassroots lobbying efforts moving forward.
Sign up HERE for Congress Plus. (It takes only a few minutes!)
Chicago Automobile Trade Association18W200 Butterfield Rd. Oakbrook Terrace, IL 60181 (630) 495-2282
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