Tumbling Fuel Tax Revenue May Wreck Illinois Rebuilding Plan (2)

A precipitous decline in fuel tax receipts is endangering Illinois’s infrastructure rebuilding plans, a think tank warns. California is offering relief on property tax, and Mississippi has decided to align its tax deadlines with the Internal Revenue Service’s extended due dates. Here’s the latest on shifting state tax guidelines, deadlines, and policy to deal with the coronavirus pandemic. For Tuesday’s coverage click here. Here’s a state-by-state roadmap.

Illinois stands to lose up to $560 million in motor fuel tax revenue this year due to the pandemic, potentially setting back progress on major transportation projects.

The Illinois Economic Policy ...