Legislature Delays Gas Tax Increase

Josh Sharp, CEO of the IL Fuel and Retail Association, issued a statement on the Illinois Legislature authorizing two gas tax increases for 2023 and requiring fuel retailers to post signs at their own expense. “By delaying, instead of simply eliminating, the annual gas tax increase for six months, the Legislature is guaranteeing two gas tax increases for next year; one in January and another in July.  That is not relief for Illinois taxpayers, that is conveniently kicking the can down the road until after an election.”  In addition to the two gas taxes now coming in 2023, the Legislature also approved legislation requiring gas stations to post a 4X8 sign on pumps to inform motorists about the six-month “suspension” of the gas tax increase that was slated for July 1^st.  Gas stations will have to post the signs or face criminal penalties and fines of up to $500 per-day.