Home » News
Filter by category:

Illinois Set For Fuel and Tobacco Tax Increases

 

The state of Illinois is set to implement a series of excise tax increases that may impact FUELIowa members located on the eastern side of the state.  On July 1, the Illinois’ tax rate on petroleum products increases to 38 cents on gasoline and 45.5 cents on diesel.  Additionally, Illinois will also implement a $1 increase to their tobacco tax rate making the total effective tax rate on tobacco products in Illinois $2.98.  On July 1, FUELIowa members will also see an excise tax rate change on gasoline that is not blended with ethanol.  On July 1, the excise tax rate for gasoline will decrease from 30.7 cents on gasoline to 30.5 cents.  The excise tax on ethanol blended gasoline will remain unchanged at 29.0 cents.

For a comparison of Iowa tax rates with neighboring states, see figure below.

fuel tax







RINAlliance LMC Insurance & Risk Management EMC Insurance Seneca Companies PMMIC Insurance Altria Unified Contracting Services Renewable Energy Group Heartland Payment Systems Land Mark Products Valero BP Central Bank Phillips 66 Sinclair McGowen, Hurst, Clark & Smith PC Molo Petroleum Cylinder Express Community Oil Company Flint Hills Farner-Bocken Company a Division of Core-Mark Wellmark Growmark Energy Acterra Group Federated Insurance Shell
PMCI Facebook PMCI Twitter PMCI LinkedIn
Home   |    About FUELIowa   |    Site Map   |    Privacy   |    Contact Us   |    ©2019 FUELIowa, All Rights Reserved
10430 New York Ave., Suite F, Urbandale, IA 50322-3773   |    P. 515.224.7545   |    F. 515.224.0502
Home
About FUELIowa
Site Map
Privacy
Contact Us
10430 New York Ave., Suite F, Urbandale, IA 50322-3773
P. 515.224.7545
F. 515.224.0502
©2019 FUELIowa, All Rights Reserved