IL SB3635

Amends the Motor Fuel Tax Law to index monthly transfers from the Motor Fuel Tax Fund to the Grade Crossing Protection Fund to inflation beginning July 1, 2026

Maintains the current monthly transfer amount at $3,500,000 for fiscal years before July 1, 2026

Calculates annual increases based on the Consumer Price Index for All Urban Consumers (CPI-U) using the most recent 12-month data available on July 1 of each fiscal year

Includes a floor provision ensuring the monthly grade crossing protection amount can never decrease below the prior fiscal year's amount

Takes effect immediately upon becoming law