HB4155 Summary

• Reduces the sales tax rate on motor fuel and gasohol from 6.25% to 1.25%, effective July 1, 2009.

• Imposes an additional motor fuel tax of $0.150 per gallon starting in fiscal year 2010, with annual adjustments based on the Consumer Price Index for inflation.

• Deposits proceeds from the new $0.150 per gallon tax into the Metropolitan Transit and Road Improvement Fund for distribution to the Regional Transportation Authority (in six-county Chicago area) and the Illinois Department of Transportation (downstate counties).

• Prohibits Road Fund appropriations to most executive agencies beginning fiscal year 2010, except the Department of State Police (highway patrol only) and Department of Transportation; other agencies must be funded from the General Revenue Fund.

• Prohibits transfers from the Road Fund or State Construction Account Fund to the General Revenue Fund on or after the effective date of this Act.