Download - Illinois in Focus Daily | July 1st, 2024 - Several Tax Hikes Begin in Illinois July 1, Including for Gasoline

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Illinois in Focus

News

Illinois in Focus Daily | July 1st, 2024 - Several Tax Hikes Begin in Illinois July 1, Including for Gasoline

2024-07-01

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An annual rite of summer in Illinois is approaching soon with another increase in the state’s gas tax along with a slew of other tax increases. In total, Illinois will see $1.1 billion in tax hikes over the next year. They will support a record-high $53.1 billion state budget. Taxes for gasoline will be 47 cents per gallon and 54 cents per gallon for diesel.

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