IL HB5146

Amends the Motor Fuel Tax Law to suspend the state motor fuel tax for 180-day periods under two conditions: (1) wholesale crude oil prices increase more than $20 per barrel over the prior year's same date and remain above that threshold for at least 10 successive trading days, or (2) Illinois motor fuel prices rank in the top 10% highest among all 50 states.

Tax suspension begins on the first day of the month following Department of Commerce and Economic Opportunity certification of qualifying conditions to the Director of Revenue.

After each 180-day suspension period, the Department of Revenue determines whether conditions continue to exist; if they do, the suspension extends for another 180 days; if not, tax collection resumes.

Current motor fuel tax rates remain unchanged at 38 cents per gallon (as of July 1, 2019) with annual adjustments for inflation, plus additional taxes on diesel fuel, liquefied natural gas, and propane.