MOTOR FUEL-CPI ADJUSTMENT
Illinois bill linking motor fuel tax rates to inflation to automatically increase revenue for transportation without repeated legislative action.
Illinois bill linking motor fuel tax rates to inflation to automatically increase revenue for transportation without repeated legislative action.
SB 2359 would establish an automatic cost-of-living adjustment (CPI) mechanism for Illinois's motor fuel tax, linking tax rates to inflation rather than requiring legislative action for each increase. The bill aims to maintain the purchasing power of fuel tax revenue as inflation erodes its real value over time.
Motor fuel taxes fund road maintenance, bridge repairs, and transportation infrastructure. Without adjustment, inflation gradually reduces tax revenue in real dollars, creating funding gaps for infrastructure upkeep. An automatic CPI adjustment would theoretically stabilize transportation funding without repeated legislative battles over tax increases.
Compiled from official sources — confirm details with the bill’s official record.
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