Tag: Illinois Gas Tax
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Slight increase in Illinois motor fuel tax scheduled for July 1
The Illinois gas tax will increase again on July 1, 2020. The automatic increase is part of the 2019 legislative session that doubled the motor fuel tax—from $.19 to $.38 as part of Gov. JB Pritzker’s $45 billion Rebuild Illinois plan. The law also allows for the tax to increase with inflation In each subsequent… Read more
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Municipal Gas Tax Bill proposed
Illinois Sen. Bill Cunningham (D-18th District) has proposed a new gas tax bill. Senate Bill 2978 seeks to amend the Illinois Municipal Code to provide that municipalities may impose a motor fuel tax on top of the 38-cent state tax (19-cents previously) that was imposed in July 2019. Cunningham’s proposal would eliminate the caveat that… Read more
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Illinois gas tax, vehicle registration fees and parking tax among those to be increased under new bills
BY DANI TIETZdani@mahometnews.com Pending approval by Gov. J.B. Pritzker, Illinoisans could see several tax increases, which will pay for a $45 billion infrastructure project known as “Rebuild Illinois.” The “Rebuild Illinois” capital bill, which has passed in the Illinois House and Senate, will rebuild roads, bridges, public schools and university buildings throughout the state. Funding… Read more