Latest news with #MotorFuelTax
Yahoo
6 days ago
- Business
- Yahoo
New Illinois laws and tax changes set to kick in on July 1, 2025
SPRINGFIELD, Ill. (WTVO) — On July 1st, 2025, several new laws and tax changes are set to go into effect in Illinois. Most of the newest laws in the state went into effect on January 1st, 2025, such as a minimum wage increase, but a few are still on the books to go into effect in the second half of the year. The updates were passed during the 2024 and 2025 legislative sessions and signed into law by Gov. JB Pritzker, including environmental regulations, labor protections, and taxes. The automatic annual Motor Fuel Tax increase was put in place to . Currently, Illinois residents pay the second-highest gas tax in the country, behind California. The gas tax is currently 45 cents per gallon, but it will increase to 48.3 cents per gallon on July 1st. Tax on diesel fuel will rise from 54 to 55 cents per gallon. bans hotels with 50 or more rooms from providing small single-use plastic bottles (under 6 ounces) for products such as shampoo, conditioner, or soap. The measure is meant to reduce plastic waste. The bill goes into effect on July 1st, 2025. Hotels will fewer than 50 rooms will have until January 1st, 2026, to comply. Effective on July 1st, 2025, changes how sales tax is handled on leased or rented property. In the past, lessors paid sales tax on the purchase of property — other than motor vehicles, watercraft, aircraft, and semi-trailer — and did not collect tax on lease payments. Under the new law, lessors can purchase property tax-free using a resale exemption and charge sales tax on lease or rental payments. The new law also impacts lessors of certain computer software licenses. requires the state to train employees in the use and administration of opioid antagonists, such as Narcan (naloxone), starting July 1st, 2025. The law aims to combat opioid overdoses by training state employees to respond effectively in emergencies. For a full list of new laws in Illinois in 2025, . Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
06-05-2025
- Automotive
- Yahoo
Illinois' gas tax goes up on July 1st. Here's by how much:
SPRINGFIELD, Ill. (WTVO) — Illinois drivers: brace yourselves. The annual gas tax increase is about to kick in on July 1st, 2025. The automatic Motor Fuel Tax increases to account for inflation. Currently, Illinois residents pay the second-highest gas tax in the country, behind California. The gas tax is now .45 cents per gallon, but on July 1st it will go up to .47 cents per gallon. The average car holds between 12 and 16 gallons of gas, meaning drivers should expect to spend between .24 and .32 cents extra at the pump. The Motor Fuel Tax will account for a range of $5.64 and $7.52 in taxes per full tank of gas, on average. The tax on diesel fuel rises from .52 cents to .54 cents per gallon. A new proposal in Springfield would change how Illinois funds its roads by charging drivers by the mile instead of a gas tax. The proposal, filed by Sen. Ram Villivalam (D-Chicago) and Sen. Christopher Belt (D-East St. Louis), calls for starting a pilot program to study the effectiveness of charging drivers by the mile, something the state is considering due to the prevalence of more fuel-efficient and electric vehicles on Illinois roadways. Since fuel-efficient cars use less gasoline, fewer tax dollars will be available for road infrastructure. Electric vehicle owners currently pay a $100 premium on their annual license plate sticker renewal to offset losses to the Illinois Motor Fuel Tax. Oregon and Utah have already implemented similar programs, and five other states, including Pennsylvania and California, are considering it. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to MyStateline | WTVO News, Weather and Sports.
Yahoo
05-04-2025
- Business
- Yahoo
More sidewalks and bike paths in the works for Effingham
Effingham Public Works Director Jeremy Heuerman presented a preliminary study agreement during Tuesday's city council meeting for securing right-of-way easements, a profile and cost estimates to add a bridge over Slate Creek, along with sidewalks and bike paths along Veterans Drive and Jaycee Avenue. The 5-foot wide sidewalk would start at Banker Street and go east on Jaycee Avenue. One of the 10-foot wide bike paths would start at Banker Street and go east on Jaycee Avenue, and the other would run along the west side of Veterans Drive from Jaycee Avenue to Blohm Avenue. The estimated cost is $75,000, which would come from the city's Motor Fuel Tax fund. But Heuerman is planning to apply for a $3 million Illinois Transportation Enhancement Program grant in 2026 in hopes it will cover the cost. By having this preliminary study complete when applying for the grant, the city will be more likely to receive the full amount. If the city has leftover grant money, they plan to add additional sidewalks on Jaycee Avenue from Banker Street to 4th Street. 'Pedestrian access is always a big deal out there, too. Right now, it's just old country roads, and sight distance isn't very good,' said Heuerman. 'So this would take the pedestrians completely off the road to a safe path that they can go from the north side of town to the south side of town.' 'This is an important first step,' said City Commissioner Larry Micenheimer. In other news, Heuerman also presented a resolution authorizing a $52,000 reconstruction project for North First Street from Temple Avenue to Roadway Avenue. The proposal was from Civil Design, Inc., and Heuerman hopes to start the project in May when school is dismissed for the summer. City Administrator Steve Miller presented an ordinance to renew the downtown and southtown business tax increment financing districts. There are no changes, but the city will budget $200,000 for the Downtown/Southtown Business Area Redevelopment Program policy. Heuerman presented another resolution to authorize an agreement with Ameren Illinois to relocate one of its high-pressure gas mains on Evergreen Avenue for about $307,000. Ameren will do the work to relocate and reinstall it so the city can continue working on Evergreen Avenue. Mayor Mike Schutzbach appointed and reappointed several people to the library and different boards and committees: * Steve Miller and Lisa Koerner as members of the Effingham Public Library Board of Directors * Jake Buhnerkempe as a member of the Enterprise Zone Commission * Dave Storm as a member of the Board of Fire and Police Commission * Clara Koester as a member of the Human Relations Commission * Ken Wohltman and Andrew Grunloh as members of the Plan Commission * John Richards to the Police Pension Board of Trustees * Michael McHugh and Betsy Yager as members of the Tourism Advisory Board * Mark Thies, Brandon Weber and Andrew Grunloh as members of the Zoning Board of Appeals Sexual Assault and Family Emergencies (SAFE) advocate Donna Rouleau asked the council if she could hang up teal bows and signs to represent Sexual Assault Awareness Month. There were no objections, and they are hanging up on a few different blocks and in front of the sheriff's department, city hall and the police department. The next Effingham City Council meeting is scheduled for April 15 at 5 p.m. in the City Council Chambers.
