Georgia's gas tax is suspended through May.
gasoline price includes a federal tax of 18.4 cents per gallon and a state tax of 29.1 cents per gallon. A number of cities and counties also charge taxes. Federal taxes on diesel fuel are 24.4 cents per gallon, while Georgia’s tax on diesel is 32.6 cents per gallon. The measure would also abate Georgia’s taxes on aviation gasoline, liquefied petroleum gas and other fuels including compressed natural gas.
Suspending collections could cost the state up to $400 million that would be used for road building and other transportation projects. The Republican Kemp plans to use part of the roughly $1.25 billion in leftover surplus from the last budget year, beyond $1.1 billion in state income tax refunds, to cover any gap in transportation funding.Kemp could extend the tax break via executive order that would have to be ratified later by lawmakers.
Democratic U.S. Sen. Raphael Warnock of Georgia has already been advocating for the federal government to suspend collection of its gas tax, responding to discontent over rising fuel prices. Georgia Gov. Brian Kemp speaks during a ribbon-cutting ceremony for the Mason Mega Rail Station at the Garden City Port Terminal Nov. 12, 2021, in Garden City, Georgia.
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