Current:Home > FinanceBurley Garcia|Georgia’s state taxes at fuel pumps suspended until Nov. 29, when lawmakers start special session -ValueMetric
Burley Garcia|Georgia’s state taxes at fuel pumps suspended until Nov. 29, when lawmakers start special session
SignalHub View
Date:2025-04-07 23:17:35
ATLANTA (AP) — People in Georgia will keep paying no state taxes on Burley Garciagasoline and diesel, at least until state lawmakers start a special legislative session.
Republican Gov. Brian Kemp on Wednesday extended the fuel tax rollback of 31.2 cents per gallon of gasoline and 35 cents per gallon of diesel until Nov. 29.
Georgia’s governor can suspend the collection of taxes during an emergency as long as state lawmakers approve it the next time they meet. That next session had been scheduled for Jan. 8, but will now be Nov. 29. That’s when Kemp called a special session to redraw Georgia’s congressional and state legislative districts after a federal judge ruled some districts illegally diluted voting power of Black people.
It’s unclear if Kemp will ask lawmakers to extend the tax break by law during their special session. He could also declare another state of emergency after lawmakers leave and resume waiving taxes until January. Spokesperson Garrison Douglas said he had no information about what Kemp would request.
Kemp in September revived what was a campaign tactic during his reelection bid in 2022, when he signed a law suspending the gas tax with broad bipartisan support. Kemp signed seven separate extensions after that, with the state forgoing an estimated $1.7 billion in revenue from March 2022 to January 2023.
The second-term governor began waiving the taxes again in September when he issued a novel legal declaration finding that high prices were such an emergency. The 2022 suspensions came under a state of emergency related to COVID-19.
Kemp says tax relief for Georgians helps them deal with inflation that he blames on Democratic President Joe Biden, although most economists say giving consumers more money typically increases inflation as well.
“Thanks to our responsible approach to budgeting, we’re able to deliver relief to families fighting through the disastrous effects of Bidenomics,” Kemp said in a statement. “I’m proud this action has helped keep millions of dollars in hardworking Georgians’ pockets and look forward to continuing to see that impact with the Thanksgiving holiday approaching.”
The governor has been rolling back fuel taxes worth about $180 million a month at the same time that his administration has been emphasizing that tax collections are declining, a sign that Georgia’s economy may be slowing. Tax revenues fell about 3% in October even though some fuel taxes were still flowing into state coffers after Kemp’s September action. Fuel taxes in Georgia largely fund roadbuilding.
Despite revenue declines, the state remains on track to run another surplus this year, unless the economy declines more sharply or Kemp and lawmakers ramp up tax givebacks. That’s because Kemp set the ceiling on state spending more than $5 billion below the $37.7 billion that the state collected last year
Beyond that, Georgia’s rainy day account is full and the state has $11 billion in additional surplus cash in the bank.
On Tuesday, Georgia drivers were paying an average of $2.89 for a gallon of unleaded gasoline, according to motorist group AAA. That was the second-lowest lowest price among the states behind Texas, and down 68 cents since Kemp suspended the taxes. The national average of $3.41 has decreased 43 cents per gallon in the same time.
Pump prices also include a federal tax of 18.4 cents per gallon on gasoline and 24.4 cents per gallon on diesel.
veryGood! (47663)
Related
- Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
- When red-hot isn’t enough: New government heat risk tool sets magenta as most dangerous level
- Rapper Chris King Dead at 32 After Shooting: Justin Bieber, Machine Gun Kelly and More Pay Tribute
- Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
- A South Texas lawmaker’s 15
- How Zendaya Really Feels About Turning 30 Soon
- Real Housewives' Kyle Richards Says People Think She Has Fake Lashes When She Uses This $9 Mascara
- Jamal Murray's buzzer-beater lifts Denver Nuggets to last-second win vs. LA Lakers
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Aid for Ukraine, Israel and Taiwan heads to the Senate for final approval after months of delay
Ranking
- Sonya Massey's family keeps eyes on 'full justice' one month after shooting
- Cleveland to pay $4.8M to family of teen killed by stolen car during police chase
- A cluster of earthquakes shakes Taiwan after a strong one killed 13 earlier this month
- Chicago Bears schedule a Wednesday announcement on new stadium near lakefront
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- A retirement expense of $413,000 you'll need to be prepared for
- Scottie Scheffler claims RBC Heritage title, wins for fourth time in last five tournaments
- The body recovered of 1 of 2 men who vanished last week after kayaks capsized in Indianapolis
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
PEN America calls off awards ceremony amid criticism over its response to Israel-Hamas war
Orlando Magic guard Jalen Suggs helped off with left knee injury in Game 2 against Cavaliers
Lawsuit alleges negligence in hiring of maintenance man accused of torturing resident
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
One dead, 7 missing after 2 Japanese navy choppers crash in Pacific
Advocates, man who inspired film ‘Bernie’ ask for air conditioning for him and other Texas inmates
Owen Wilson and His Kids Make Rare Public Appearance at Soccer Game in Los Angeles