Higher prices could reach the pumps by the Fourth of July
Higher prices could reach the pumps by the Fourth of July

July 1 Brings Increase in State's Gas Tax

Kane County Connects Staff 6/28/2024 3:00AM


Illinois Gas Tax Overview

  • Recent Increase: On July 1, 2024, the gas tax in Illinois increased from 45 cents to 47 cents per gallon.

  • Revenue: Since July 1, 2023, Illinois has collected over $2.5 billion in fuel taxes, according to the state.​

  • National Rank: Illinois has the second-highest gas tax in the U.S., after California, which charges 60 cents per gallon
  • Origins: The gas tax started in 1977.

  • 2019 Hike: In 2019, the tax was raised from 19 cents to 38 cents per gallon to fund a $45 billion infrastructure project.

  • 2022 Freeze: There was a six-month freeze on the gas tax in July 2022 to help with economic recovery after COVID-19

  • EV Owners: Electric vehicle owners, who don’t pay the gas tax, are charged an extra $100 annually in addition to their registration fee to make up for lost tax revenue.

  • Annual Increases: The gas tax goes up every year to keep up with inflation.​



Tags: Around Town Community
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