Illinois Approves Six Month Pause on Gas Tax Increase
Governor JB Pritzker and state lawmakers approved a 55.9 billion dollar budget that freezes the scheduled 1.3 cent motor fuel tax hike until January. The measure aims to provide financial relief alongside a back to school sales tax holiday and expanded food assistance programs.
Lawmakers in the United States state of Illinois approved a $55.9 billion budget that pauses a scheduled 1.3-cent gas tax increase. The freeze delays the hike from July 1 until January to provide relief from rising energy prices.
### Illinois Freezes Inflation-Linked Fuel Tax The Motor Fuel Tax currently costs drivers 48 cents per gallon for gasoline and 56 cents per gallon for diesel. While the tax was set to rise based on CPI inflation data, the new budget halts this adjustment for six months. Governor JB Pritzker said the pause addresses economic uncertainty and the higher costs currently facing families.
