Illinois 2023-2024 Regular Session

Illinois House Bill HB1575

Introduced
1/30/23  
Refer
1/31/23  
Introduced
1/30/23  

Caption

MOTOR FUEL TAX-RATE

Impact

The bill significantly alters the existing fuel tax structure by eliminating the inflation-based adjustments that previously allowed for annual increases in the tax rate. Additionally, it preempts home rule powers, which means local governments will be unable to impose their own taxes under the Municipal Motor Fuel Tax Law effective July 1, 2023. This change aims to standardize fuel taxes across the state, thereby simplifying compliance for fuel retailers and potentially stabilizing the marketplace for consumers.

Summary

House Bill 1575 amends the Motor Fuel Tax Law in Illinois by reducing the motor fuel tax rate to $0.19 per gallon starting July 1, 2023, from a previous rate of 39.2 cents per gallon. The bill also introduces an additional tax of 2.5 cents per gallon specifically for diesel fuel, liquefied natural gas, or propane. This change is aimed at providing immediate relief to consumers facing high gas prices and adjusting to economic pressures while aligning the tax more competitively with regional standards.

Contention

This legislation has been met with mixed reactions from various stakeholders. Proponents argue that the reduced rates will alleviate the financial burden on consumers and businesses, especially in light of rising fuel prices. Conversely, opponents have raised concerns about the loss of local control over tax policy and funding, which could impact municipalities' abilities to manage their transportation infrastructures. The preemption of municipal tax authority has sparked significant debate regarding the balance of power between state and local governments.

Companion Bills

No companion bills found.

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