Motor Fuel Tax applicants who are receivers of certain petroleum products are subject to the Underground Storage Tank Tax and Environmental Impact Fees. In addition to the Illinois Business Tax Registration, you must also file an Illinois Underground Storage Tank Bond under 35 ILCS 505/3 with a minimum amount of $1,000.

Bonds Express offers an Illinois Underground Storage Tank Bond with a 99% approval rate.

A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal.  The Illinois Underground Storage Tank Bond holds you accountable for your business decisions. 

By possessing an Illinois Underground Storage Tank Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.