Illinois Lawmakers Hike Toll Roads and Sales Taxes to Fund Chicago-Area Transit
Illinois lawmakers have passed a new plan to fund Chicago-area public transit, avoiding major service cuts for the Chicago Transit Authority, Metra, and Pace.
The plan, passed in a late-night vote, will raise the sales tax in the Chicago area by 0.25% and increase tolls by 30% for trucks and 45 cents more for cars.
- $860 million from the state motor fuel sales tax
- $200 million in interest from the road fund
- A 0.25% sales tax increase in the Chicago area
- Toll increases: 30% for trucks and 45 cents more for cars
Illinois’ comeback story starts here.
Instead of creating new statewide taxes, lawmakers chose to reallocate existing funds, using money that already comes into the state.
Author's summary: Illinois lawmakers pass plan to fund Chicago transit.
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