Illinois’ grocery tax will be suspended starting Friday. The move was part of the state budget plan passed earlier this year to alleviate the stress facing families dealing with the rising costs of goods and inflation. The one-percent Illinois sales tax on groceries will be suspended for the entire fiscal year. Officials believe the action will save consumers up to 400-million dollars through July 1st of 2024.
FILE - Customers shop at a grocery store in Mount Prospect, Ill., on April 1, 2022. Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday, June 10, 2022. (AP Photo/Nam Y. Huh, File)