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jet fuel

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jet fuel

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Illinois lawmakers look to avoid FAA penalties amid jet fuel tax crackdown

SPRINGFIELD (Illinois News Network) -- After years of noncompliance, Illinois lawmakers are moving forward with legislation that would require local taxes on jet fuel go to aviation-related projects, not into local coffers. The bill has failed in previous years. If it becomes law, taxes on jet fuel would be sent back to local airports and aviation schools. Illinois and many home-rule municipalities, notably Chicago, taxed jet fuel and used it for non-aviation expenses. The Federal Aviation Administration said in 2015 that tax […]

todayApril 18, 2019 17

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