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IL HB3007

IL HB3007
MOTOR FUEL-CHAIN O'LAKES


summary

Introduced
02/06/2025
In Committee
03/12/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Motor Fuel Tax Law. Provides that the moneys received by the Department of Revenue under the Act on taxes imposed on the sale of motor fuel sold on the Chain O'Lakes shall be remitted back to the Chain O'Lakes - Fox River Waterway Management Agency or to the Department of Natural Resources and shall be used for waterway purposes. Effective immediately.

AI Summary

This bill amends the Motor Fuel Tax Law to establish a specific provision for motor fuel taxes collected on the Chain O'Lakes. The bill defines "waterway purposes" as maintenance, repair, construction, and upkeep costs related to the Chain O'Lakes. Under this new provision, any motor fuel tax revenue generated from fuel sales on the Chain O'Lakes will be remitted back to either the Chain O'Lakes - Fox River Waterway Management Agency or the Department of Natural Resources, with the requirement that these funds be exclusively used for waterway-related purposes in the Chain O'Lakes area. This legislation ensures that the tax revenue generated in this specific waterway region is directly reinvested in its maintenance and improvement, creating a localized funding mechanism for the preservation and development of the waterway.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

House Revenue & Finance Committee Hearing (08:00:00 3/19/2026 Room D-1 Stratton Building) (on 03/19/2026)

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