How much is the new gas tax in Illinois?

How much is the new gas tax in Illinois?

In 2019, the state’s gas tax doubled from 19 to 38 cents per gallon. On July 1, 2020, it increased again to 38.7 cents. Now at 39.2, Illinois has the third highest cost at the pump in the country according to the American Petroleum Institute.

Why is gas going up Illinois?

Illinois’ gas tax increase was prompted by a $45 billion capital plan Gov. J.B. Pritzker signed into law in 2019 to fund major improvements to infrastructure like roads, bridges, mass transit and buildings. Pritzker said in 2019 that the gas tax hike that year was the first time it had increased since 1990.

Did Pritzker raise gas tax?

J.B. Pritzker doubled the state gasoline tax in 2019, they built in automatic annual increases to avoid voting for future hikes. The tax increases another half cent on July 1. Doubling the state gas tax was not enough in 2019, so every July 1 state leaders ensured motorists would pay a little more.

What does the Illinois gas tax pay for?

38 cents per gallon
Illinois saw its gas tax double in 2019, from 19 cents per gallon to 38 cents per gallon, a measure designed to help fund transportation projects such as road and bridge repair and public transit to the tune of $33 billion. The tax increased to 38.7 cents per gallon in 2020.

How much is the average gas bill in Chicago?

Gas: The average cost for gas in Chicago is $96.99 per month. To help combat the costs incurred in the warmer months where electricity surges, your gas bill will be the opposite.

Did Illinois gas tax go up today?

Illinois’ state gas tax rises a half cent Thursday, increasing from 38.7 cents per gallon to 39.2 cents per gallon.

What is Illinois gas tax?

The Illinois excise tax on gasoline is 19.00¢ per gallon, higher then 70% of the other 50 states. Illinois’ excise tax on gasoline is ranked #15 out of the 50 states.

What is the sales tax on gasoline in Illinois?

* Illinois taxes on gasoline, per gallon (federal tax is 18.4 cents per gallon.) 6.25 percent sales tax (5 percent state; 1.25 percent local). Tax is paid on price before the state motor-fuel tax is included. 19 cents, motor-fuel tax on gasoline/gasohol; 21.5 cents on diesel.

What state has the most gas taxes?

New York has the highest gas tax, Alaska has the lowest But on top of that, each state levies its own individual gas taxes to fund state and local transportation spending. This varies fairly widely from state to state. New York has the highest state and local taxes at 50.50 per gallon.

What is the Illinois tax increase?

State taxes underwent a dramatic increase on July 1, 2019, as part of the “Rebuild Illinois” campaign to rebuild deteriorating infrastructure: Sales Tax: The state sales tax rate is 6.3% in 2019. Prescription and non-prescriptions drugs, medical equipment, and qualifying food purchases are only taxed at 1% .

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