Illinois gas tax doubles in July and then continues to climb

via Illinois Policy.org by Joe Barnas

Illinoisans will see the state gas tax doublestarting July 1. But that’s not all: the tax will be tied to inflation, meaning it will automatically rise in future years so lawmakers are shielded from motorists’ ire.

Based on current inflation projections, the gas tax will rise almost a penny a year. Lawmakers bumped it from 19 to 38 cents starting in July. Their inflation mechanism is expected to drive the gas tax to 43.5 cents by 2025 — almost 25 cents per gallon more than now.

Senate Bill 1939doubled the state motor fuel tax to help fund Gov. J.B. Pritzker’s $45 billion infrastructure plan, and passed by a bipartisan83-29vote in the Illinois House. Pritzker is expected to sign the bill soon, then in July Illinois’ gas taxes will become thesecond-highest in the nation.

Using the most recent inflationforecastsfor the United States, the gas tax will grow by a fraction shy of a penny a year until 2025. That translates to a 130% increase.

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