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Bill

SB 2024

INC TX-DIESEL CREDIT

104th Regular Session Introduced by Cristina Castro and 3 co-sponsors

Illinois bill expanding state income tax credit for diesel fuel used in commercial transportation to reduce operator tax liability.

Rule 3-9(a) / Re-referred to Assignments
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Bill Summary · SB 2024

Legislative bill overview

SB 2024 proposes to increase the Illinois income tax credit for diesel fuel used in commercial transportation. The bill aims to provide tax relief to businesses and operators who utilize diesel fuel for their commercial operations, reducing their state tax liability.

Why is this important

Diesel fuel costs represent a significant operational expense for trucking companies, agricultural businesses, and commercial transporters. A tax credit could improve business competitiveness and cash flow, though it also reduces state revenue that could fund other programs or infrastructure.

Potential points of contention

  • Revenue impact: Expanding tax credits reduces state income and may require offsetting cuts elsewhere or increased deficits during already-tight budget cycles
  • Equity concerns: The credit primarily benefits commercial operators and larger businesses; critics may argue these resources could be redirected to direct assistance for lower-income residents
  • Environmental considerations: Some argue tax incentives for diesel consumption conflict with emission reduction goals and climate policy objectives
  • Scope and eligibility: Unclear definitions of qualifying diesel use and business types could create implementation challenges or unintended beneficiaries

Compiled from official sources — confirm details with the bill’s official record.

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