Illinois Passes New Law to Raise Taxes on Both Gas and Cigarettes
The newest law regarding the cigarettes will prevent any resident under the age of 21 to buy cigarettes, tobacco products, e-cigarettes, and even chewing tobacco. The previous age limit was 18, and Illinois joined several other states in age changing limit.
Furthermore, the new law will increase taxes by $1 per pack. The previous increase in taxes was in 2012, and it was $1.98 before the latest tax increase.
The tax money will be used to finance construction projects for both colleges and schools.
Finally, the state is also increasing the tax for motor fuel. Instead of the previous 18 percent, it will be doubled or 36 percent. The collected tax money will be invested in the major capital construction plan.