Georgia’s net tax collections for March decreased by 3 percent from a year ago, new state revenue figures show.
While collections for the month surpassed $2.6 billion, the total was more than $82.7 million less than net tax collections a year ago.
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Connecticut motorists will continue to see relief at the pumps after the state Legislature approved an extension of the gas tax holiday until next year.
Meeting in a special session on Monday, the Democrat controlled House and Senate approved a proposal to waive the 25 cents per gallon retail tax on gasoline until Dec. 31. The gas tax holiday, which was initially approved in April, was set to expire Nov. 30.
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Georgia continues to see increasing revenues, new numbers show.
The state’s total general fund receipts in August exceeded $2.3 billion. That represents an increase of 8.5%, or $180.4 million, over last August when net tax collections topped $2.1 billion.
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Georgia Gov. Brian Kemp has again extended the suspension of state taxes on motor and locomotive fuel.
On Thursday, Kemp signed an executive order to suspend the taxes and extend a supply chain state of emergency. The orders are valid through Oct. 12.
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The America Rising PAC (ARPAC) recently spoke with the Arizona Sun Times via email, criticizing Arizona Sen. Mark Kelly (D-AZ) for supporting a federal gas holiday that would ultimately, the say, undermine infrastructure funding for Arizona.
“This is another example of why Mark Kelly shouldn’t be sent back to Washington. Not only does his ineffective gas tax suspension undermine the one legislative accomplishment he’s writing home about – Arizona wouldn’t even need a gas tax holiday if it wasn’t for the Democrats’ anti-American energy agenda that drove gas prices to record-breaking levels in the first place,” said ARPAC Press Secretary Whitney Robertson.
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While President Joe Biden this week began urging Congress to suspend the national gas tax for three months and asking states to do the same with their gas levies, Ohio Gov. Mike DeWine (R) came out against the idea.
The federal government charges gasoline buyers $0.18 per gallon and diesel motorists $0.24 per gallon. The Buckeye State meanwhile imposes a $0.385-per-gallon tax on gasoline as well as a $0.47-per-gallon tax on diesel and other fuel types. Both levels of government use the revenues from these sources to fund transportation projects. Biden maintains that dollars flowing to the U.S. Treasury are sufficient to prevent compromising federal highway repairs in the event of a three-month tax holiday.
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President Joe Biden is calling for a three-month suspension of the federal gas tax less than a week after Virginia Senate Democrats and one Republican killed Governor Glenn Youngkin’s efforts to enact a suspension of Virginia’s fuel tax. Virginia Republicans took to social media on Wednesday to react to Biden’s proposal. “Now, the White House is calling on states to move forward on gas tax suspensions – demonstrating that VA Senate Dems are out of step with everyday people and their own party,” Youngkin tweeted. “Gas prices are not sustainable for families in Virginia, and it is astonishing that Senate Democrats blocked my gas relief proposal three times and squandered the opportunity to do the right thing. Virginians deserved a better answer than ‘no.’” Biden’s proposal isn’t a done deal. Some federal Democrats have similar concerns Virginia Democrats had. They said the gas tax pays for highway maintenance and is a fairly small part of many people’s budgets, and worried that lowering the gas tax won’t change the supply problem that’s causing the prices to increase but would just enrich petroleum corporations. Some federal Republicans aren’t on board either. “President Biden said he was going to shut down American energy,…
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HENRICO, Virginia — Governor Glenn Youngkin held a campaign-style rally to ceremonially sign Virginia’s Fiscal Year 2023-2024 budget. On Tuesday, Youngkin spoke from the aisles of the Tom Leonard’s grocery store where he filmed a grocery tax-related campaign ad and where he held one of his final rallies during the campaign.
“Nine months ago we were right here with many of you, and we in fact were talking about the impact that rising cost of groceries were have on families,” Youngkin said to a crowd of supporters, reporters, former GOP candidates, and current GOP politicians standing next to bins of produce.
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Governor Glenn Youngkin is sending 35 budget amendments to the General Assembly to approve on Friday, including a gas tax holiday, a ban on using state Medicaid funds for some abortions, and a law that would make it a class six felony to picket or demonstrate outside a courthouse or residences of justices and judges. The Democratic Senate is expected to block of Youngkin’s controversial changes, but eyes are on Senator Joe Morrissey (D-Richmond) to see if he’ll vote with Republicans to approve the abortion funding ban.
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The General Assembly will reconvene its special session on June 1, ahead of a June 30 deadline to complete the budget for the upcoming fiscal year. Since the end of the session, budget negotiators have been tight-lipped about progress on a compromise, but have said they expect one in late May.
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RICHMOND, Virginia – The Senate Finance and Appropriations Committee voted to kill Governor Glenn Youngkin’s gas tax holiday proposal, launching the General Assembly’s veto session. Later in the day legislators spent hours voting on Youngkin’s various amendments and vetoes to their legislation.
Finance and Appropriations Committee Chair Janet Howell (D-Fairfax) spoke against the gas tax holiday bill, and said that the phased gas tax increases in 2020 were part of a bipartisan effort to provide long term transportation funding solutions.
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House Finance Committee Republicans advanced Governor Glenn Youngkin’s gas tax holiday bill and killed Democrats’ alternate $50-per-car tax refund proposal on Tuesday. The bill includes a 100-percent motor fuels tax reduction from May 1 through July 31, a 50 percent reduction in August, and a 25 percent reduction in September. It also includes a two percent cap on future annual rate adjustments.
“As I testified to the House and the Senate early in the year, we have an exceptional amount of revenue that we did not expect a couple of years ago in the transportation plan. Over the six years it’s in the billions of dollars. And obviously, the governor has made a pledge to try to get some of the revenue back to the citizens who’ve contributed to the Commonwealth, particularly in this time of high inflation and economic trouble,” Secretary of Transportation Sheppard “Shep” Miller III told the committee.
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While Connecticut’s gas tax holiday is saving residents at the pump, the savings just isn’t enough, one industry expert says.
Chris Herb, president of the Connecticut Energy Marketers Association, said the tax holiday that expires June 30 is viewed very highly from consumers.
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Connecticut Attorney General William Tong is investigating dozens of potential violations of the state’s gas tax holiday by gas stations throughout the state.
If a specific station is found to have violated the law, the Attorney General’s office may impose penalties, including injunctive terms, restitution, and civil financial penalties.
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Senator Steve Newman (R-Bedford) and freshman Delegate Tara Durant (R-Stafford) have introduced the Youngkin administration’s three-month gasoline tax holiday bill. In addition to the tax holiday, the bill includes a two percent cap on the annual rate adjustment, which is based on the consumer price index.
“There are so many hard-working Virginians who need some type of break at the gas pump right now. Governor Youngkin is leading by putting forward a bill, which I’m proud to sponsor in the Senate of Virginia, that will temporarily suspend the Virginia gas tax,” Newman told The Virginia Star in a statement.
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Connecticut’s plan to reduce the pain at the gas pump for its residents took effect Friday.
HB 5501 passed the state legislature last week. It, like laws in many other states, provides for a gas tax holiday as prices at the pump continue to hover at near record levels.
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Gov. Ned Lamont (D) this week signed legislation suspending Connecticut’s 25-cent-per gallon gasoline tax.
The gas-tax holiday passed both houses of the state legislature unanimously and will last through the end of June. Also to ease Nutmeggers’ economic woes in light of skyrocketing inflation, the state is also providing free bus service to residents throughout April.
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HENRICO, Virginia – Governor Glenn Youngkin announced Wednesday that he wants the General Assembly to pass a bill suspending Virginia’s 26.2 gas tax and 27-cent diesel tax for three months, spanning May, June, and July. That’s a pivot from his campaign promise to suspend the five-cent gas-tax price increase for a year, a proposal that the Senate opposed. Youngkin said rising gas prices predate Russia’s recent invasion of Ukraine and the economic impact from sanctions placed on Russia.
“We saw of course prior to that was gas prices in Virginia had gone up a dollar. And they’ve gone up another 80 cents, and this is just part of the inflationary pressures that Virginians are feeling all over,” Youngkin told reporters after pumping gas for a few supporters.
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