BOS BILL FILED TO PROVIDE GAS TAX RELIEF

State Representative Chris Bos (R-Lake Zurich) has filed legislation to provide relief to Illinois residents in the midst of rising inflation and ballooning gas prices. His bill, which was filed earlier this week, would extend the inflationary increases automatically included in state law until July 1, 2023, stopping the scheduled January 1 increase. Rep. Bos has advocated for this pause in what would be an automatic increase to give some much-needed relief to area residents, many of whom are having a hard time accounting for inflation in every aspect of everyday life.

Currently, gas prices in Illinois sit around $4 a gallon, but that price is expected to rise and hit nearly $5 in the coming weeks, due to decreased oil production. As gas prices skyrocket across the nation, the high cost of inflation coupled with strained supply chains has exacerbated the issue.

Under Governor J.B. Pritzker, the state’s gas tax was doubled in 2019, increasing from 19 cents per gallon to 38 cents, and included an automatic annual inflation hike effective on July 1st of each year. During last year’s legislative session, the Pritzker Administration authorized a 6-month delay in the gas tax plan, but that would seemingly cause two hikes in 2023 to account for that pause. Rep. Bos’ legislation would seek to prevent a double increase and instead extend that pause in tax increases.

“Illinois residents are no strangers to tax increases, but the weight of inflation partnered with increased taxes isn’t sustainable,” said Rep. Bos. “As a lawmaker, it’s my job to work toward viable solutions to our state’s biggest challenges and right now that’s the rising cost of living in Illinois. My legislation is an effort to provide relief at gas pumps across the state. I’m hopeful we can work on this during Veto Session next month so our communities are not hit even harder this winter as these cost continue to rise,” said Rep. Bos.

Governor Pritzker’s 6-month “relief” plan required signs to be posted at Illinois gas pumps noting the legislation that created the momentary pause in the gas tax, but Rep. Bos’ legislation would negate such signs.

Bos’ legislation, HB 5829, now awaits further consideration in the Illinois House.