SPRINGFIELD – Illinois taxpayers with sticker shock from the $100 tax increase on the annual trailer tag implemented two years ago may soon get some relief.
A measure that drops the tax on utility trailers from $118 to $36 in exchange for a $5 increase in the fee for a vehicle title transfer to $155 is advancing at the statehouse with just one day left.
Lawmakers on both sides of the aisle said Sunday the trailer fee increasing from $18 to $118 as part of the capital construction bill Gov. J.B. Pritzker enacted in 2019 was a major concern for constituents. That bill also doubled the state’s gas tax and increased other taxes and fees.
Several lawmakers said the $100 increase in the trailer tax was a “drafting error,” but it was unclear if or when it would be fixed.
After a slew of proposed measures to drop the tax from $118 to $18, a compromise was made to make the bill revenue neutral.
Region: Southern,Local,City: Carbondale,Region: Carbondale
via Local News – Newsradio WJPF https://www.wjpf.com
May 31, 2021 at 06:38AM