SB2359 suspends the scheduled July 1, 2025 inflation adjustment to the motor fuel tax in Illinois.
SB2359 amends the Motor Fuel Tax Law to prevent the scheduled July 1, 2025 increase in the tax rate based on the Consumer Price Index. The bill maintains the current tax rates for motor fuel used in vehicles and watercraft in Illinois. It also includes provisions for additional taxes on diesel fuel, liquefied natural gas, and propane, as well as restrictions on the sale of 1-K kerosene. The changes take effect immediately upon the bill becoming law.
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