SPRINGFIELD, Ill. — The price of tobacco products and gasoline went up in Illinois in July, with the projected $45 billion in proceeds to fund road and infrastructure improvements, as well as the state’s education needs, WGN-TV reported.
The state raised the cigarette tax for the first time since 2012. The $1-per-pack increase will mean smokers will pay $2.98 per pack in state taxes. An additional 15% tax on e-cigarette sales was also a part of the measure.
The revenue from the new cigarette tax will go toward construction projects at public schools, including universities and colleges.
Gov. J.B. Pritzker, a Democrat, said the revenue from the gasoline tax will repair what’s broken and build what’s needed. “Frankly, it’s all in the [bill’s] name: ‘Rebuild Illinois,’ ” he said.
Among the infrastructure projects targeted for funding include Chicago’s Kennedy Expressway and elevated train stations.