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LEGISLATIVE

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Illinois

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10/8/03 - Gov. Rod Blagojevich signed a bill requiring all truckers who travel in Illinois – both those who are based there and those based elsewhere who travel there – to pay increased IRP fees.
The fees, which are based on the percentage of a truckers total miles traveled in Illinois, will go up 36 percent.
While SB841 does leave open the possibility that some truckers could pay the rolling stock tax, in effect, none would. Any trucker either based in Illinois or elsewhere who pays any IRP fees to the state will be exempt from the tax.
The new law also contains a hidden bonus for trucking companies. Every firm that pays the increased fee receives a $50 tax credit for every employee who is a resident of Illinois and who drives a truck.

 6/17/03 - The General Assembly passed a bill that would require all truckers who travel in Illinois – both those who are based there and those based elsewhere who travel there – to pay increased IRP fees.
The fees, which are based on the percentage of a truckers total miles traveled in Illinois, will go up 36 percent.
While SB841 does leave open the possibility that some truckers could pay the rolling stock tax, in effect, none would. Any trucker either based in Illinois or elsewhere who pays any IRP fees to the state would be exempt from the tax.
The measure also contains a hidden bonus for trucking companies. Every firm that pays the increased fee would receive a $50 tax credit for every employee who is a resident of Illinois and who drives a truck.
The bill is awaiting the governor’s signature. For bill status, call (217) 782-3944.

 

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