Illinois HB4211 suspends the inflation adjustment to the motor fuel tax from July 1, 2026 until July 1, 2027.
Illinois HB4211 amends the Motor Fuel Tax Law to suspend the inflation adjustment to the motor fuel tax from July 1, 2026 until July 1, 2027. The bill also includes provisions for tax rates on diesel fuel, liquefied natural gas, and propane, and specifies the tax rates for these fuels from July 1, 2019, through January 1, 2023. Additionally, it prohibits the collection of a tax on 1-K kerosene and special fuel used for aircraft propulsion. The bill takes effect immediately upon becoming law.
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