Bill

Bill > HB3749


IL HB3749

IL HB3749
ELECTRIC TAX-ROAD FUND


summary

Introduced
02/07/2025
In Committee
03/21/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Electricity Excise Tax Law. Provides that 100% of the funds received by the Department under the Act as a result of an electric vehicle charging station shall be deposited into the Road Fund. Effective immediately.

AI Summary

This bill amends the Electricity Excise Tax Law to change how revenue from electric vehicle charging stations is allocated. Specifically, starting July 1, 2025, 100% of the funds received by the Department of Revenue from electric vehicle charging stations will be deposited directly into the Road Fund, instead of being distributed to other state funds like the General Revenue Fund or Public Utility Fund. The bill maintains existing reporting requirements for delivering suppliers of electricity, who must continue to submit monthly returns detailing their electricity deliveries, total kilowatt-hours, and calculated tax amounts. The change appears designed to ensure that revenue generated from electric vehicle charging stations is specifically directed toward transportation infrastructure funding, reflecting the growing adoption of electric vehicles and their potential impact on road maintenance and development.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Rule 19(a) / Re-referred to Rules Committee (on 03/21/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...