The Georgia General Assembly is moving closer to temporarily suspending Georgia's sales tax on gasoline and other motor fuels to reduce pump prices that have soared in recent weeks.
The state House of Representatives voted unanimously March 11 to suspend collection of the tax through May 31. The legislation now awaits Senate passage and the blessing of Georgia Gov. Brian Kemp. Both actions could come Tuesday, March 15.
Credit: Savannah Morning News
Credit: Savannah Morning News
Gasoline prices have skyrocketed since the Russian invasion of Ukraine more than two weeks ago and the subsequent ban on U.S. imports of Russian oil President Joe Biden imposed earlier this week.
The average price of a gallon of gas in Georgia stood at $4.29 on Friday, highest in the state’s history, said Rep. Jodi Lott, R-Evans, one of Gov. Brian Kemp’s floor leaders in the House.
The state has suspended the gasoline tax in the past when fuel supplies were disrupted. While the governor is legally permitted to suspend the tax by executive order when the General Assembly is not in session, this suspension must go through the legislature.
This article originally appeared on Savannah Morning News: With pump prices peaking, Georgia lawmakers poised to suspend 29 cent state gas tax
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