Illinois residents will soon be facing new or higher taxes and fees on gas, vehicle registrations, parking, marijuana, gambling, online shopping and more following actions at the Statehouse. In total, 20 new ways to extract money are estimated to raise $4.6 billion to pay for infrastructure and the state’s fiscal year 2020 operating budget – which despite the new money may still be as much as $1.3 billion in the red.
The changes span three different bills – SB 690, SB 689, and SB 1939 – and total 2,029 pages. All three bills were passed in a single weekend, meaning neither taxpayers nor lawmakers had time to fully read them.
