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IL HB4977

Bill

Official Source

Status

Introduced

1/26/2022

Primary Sponsor

Chris Miller

Click for details

Origin

House of Representatives

102nd General Assembly

AI Summary

  • Reduces the motor fuel tax rate from 38 cents per gallon to 19 cents per gallon, effective July 1, 2022, for all motor fuel including compressed natural gas.

  • Eliminates automatic annual increases to the motor fuel tax rate based on the Consumer Price Index, fixing the rate at 19 cents per gallon.

  • Reduces the additional tax on diesel fuel, liquefied natural gas, and propane from 7.5 cents per gallon to 2.5 cents per gallon, effective July 1, 2022.

  • Takes effect immediately upon becoming law.

Legislative Description

MOTOR FUEL-DECREASE RATE

Last Action

Rule 19(a) / Re-referred to Rules Committee

2/18/2022

Committee Referrals

Rules2/18/2022
Sales, Amusement & Other Taxes2/15/2022
Revenue & Finance2/9/2022
Rules1/27/2022

Full Bill Text

No bill text available