Connecticut Gov. Ned Lamont Extends Gas Tax Holiday
Connecticut Gov. Ned Lamont has extended the gas tax holiday through Dec. 31 in a bill signed during a special session of the General Assembly to provide economic relief to residents.
Michigan’s Gas Tax Will Increase in 2023
Michigan’s gas tax is going up 1.4 cents per gallon starting Jan. 1, thanks to an automatic adjustment written into state law.
N.J. Gasoline Tax to Drop 1 Cent on Better-Than-Forecast Demand
New Jersey is cutting an automotive fuel tax by 1 cent per gallon after consumer demand was higher than projected, state Treasurer Elizabeth Muoio announced.
Stakeholders, Senior Lawmakers Oppose Gas Tax Holiday
Prominent transportation stakeholders and key congressional lawmakers pushed back on President Joe Biden’s call to temporarily suspend the federal gas tax.
Gas Tax Holiday Would Increase Prices, Hess CEO Says
President Joe Biden’s plan to suspend the federal gasoline tax would only make things worse for U.S. drivers, one industry CEO said ahead of a meeting in Washington between oil executives and administration officials.
Biden Calls for Three-Month Suspension of Gas, Diesel Taxes
WASHINGTON — President Joe Biden on June 22 called on Congress to suspend federal gasoline and diesel taxes for three months — an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers.
Gas Tax Pause Would Have Little Effect on Road Funds, Biden Says
President Joe Biden and a top economic aide preemptively defended a potential suspension of the federal gasoline tax, saying it wouldn’t hurt road-building projects and that savings would be passed on to consumers — the latest signal Biden is leaning toward urging Congress to pause the levy.
Biden Says Decision on Gas Tax Holiday May Come This Week
REHOBOTH BEACH, Del. — President Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon.
Indiana Gas Taxes on Brink of State Record
Indiana motorists will be paying a total of 74.5 cents in taxes for each gallon of gasoline they purchase in May — the highest amount in Indiana history.
Connecticut House Cuts Gas Tax, Offers Other Relief
With the state budget surplus hitting record-breaking levels, Connecticut legislators voted unanimously March 23 to cut gasoline taxes — and talked about reducing more taxes in the future.