Gov. Kemp, General Assembly plan to temporarily halt State Gas Tax

On Wednesday, March 9, 2022, Governor Brian P. Kemp today announced that he plans to work with the Georgia General Assembly to temporarily suspend the state’s excise tax on motor fuel sales. In Georgia, the average price of a gallon of gas has increased from $2.59 to $4.06 (over 56%) since March of 2021. Researchers further estimate that the average American household could spend an additional $2,000 a year on gas as a result of increases in fuel cost, on top of record-high inflation already impacting families. Governor Kemp, in conjunction with Lieutenant Governor Geoff Duncan and House Speaker David Ralston, will take measures to alleviate the burden placed on Georgians. The measures will take effect upon the governor’s signature of HB 304 and remain in effect through May 31, 2022.  “President Biden took office in January of 2021, and to understand why we are in this current state of record-high inflation and costs to the average American family, people can simply track his first year of misguided policy decisions,” said Governor Brian Kemp. “Because of our strong, fiscally conservative approach to budgeting, Lt. Governor Duncan, Speaker Ralston, and I can confidently propose a state motor fuel tax suspension to curb sky-high gas prices while also returning money back to hardworking Georgians through a tax refund and an income tax cut. With this latest measure, we are making it even more clear that in Georgia we are going to empower families to keep their money in their own pockets.”