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Georgia Governor Kemp extended the suspension of the automobile and motorcycle fuel tax to November 30 to ease pressure on oil prices and inflation, but the local fuel sales tax remains unchanged.
Georgia Governor Brian Kemp announced that the state’s motor vehicle fuel tax moratorium will be extended through November 30 to help mitigate the impact of inflation.oil price Stress, and make traveling more convenient during the Thanksgiving holiday.
Kemp, Lt. Gov. Bert Jones and House Speaker John Burns said the executive order extended the state of emergency and state tax moratorium through the end of November amid continued volatility in global markets and higher gasoline and diesel prices.
qiaozhou The current tax on gasoline is 33.3 cents per gallon and the tax on diesel is 37.3 cents per gallon. Gas prices across the state have remained well below the national average since Kemp first suspended the excise tax on fuel on Sept. 28, according to AAA.
Currently, the average price for drivers in Georgia to buy regular gasoline is 3.66 yuan per gallon, about 63 cents lower than the national average. The average price of diesel is $5.72 per gallon, about 61 cents lower than the national average.
This latest measure builds on previous executive orders that declared an economic emergency, suspended weight limits on commercial transportation vehicles and waived fines for commercial trucks using non-road “dyed” diesel fuel on public roads.
Kemp said the state’s conservative budget management allowed the state to cope with stagnation in revenue and reduce costs for holiday travelers. “With important holidays approaching and fuel prices remaining high, I’m proud to take this step to put some money in the pockets of Georgia residents,” Kemp said.
However, state officials have not yet indicated whether Kemp will extend the gas tax moratorium through December or the year-end holidays if global oil markets remain volatile.
The executive order does not suspend local sales taxes on fuel collected by cities and counties, meaning local fuel rates will remain in effect across the state.
Summary FAQ
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Governor Kemp announced that the suspension of the motorcycle fuel tax in Georgia will be extended through November 30. The move is a continuation of previous emergency measures in hopes of reducing fueling costs for the public before Thanksgiving.
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The state government said ongoing volatility in the global market and high gasoline and diesel prices have increased inflationary pressures, so it decided to extend the tax cut to help ease the burden on travelers and holidaymakers.
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No. The executive order only suspends state-level fuel taxes and does not eliminate local sales taxes on fuel charged by cities and counties, so local rates remain in effect and drivers still have to pay this portion of the tax burden.
