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Georgia Governor Extends Fuel Tax Suspension Until November 29 Amid Economic Concerns

Move to roll back 31.2 cent tax per gallon of gasoline and 35 cent tax per gallon of diesel in effort to combat inflation; state has forgone an estimated $1.7 billion in revenue with suspensions and tax collections declining.

  • Georgia Governor Brian Kemp has extended the fuel tax suspension until November 29 amid economic concerns, with residents not paying state taxes on gasoline and diesel.
  • This suspension has resulted in the state forgoing an estimated $1.7 billion in revenue from March 2022 to January 2023.
  • The governor can suspend the collection of taxes during an emergency, with the next legislative session, originally scheduled for January 8, now moved to November 29.
  • Despite a decrease in tax collections and a potential sign of economic slowdown, Georgia remains on track to run another surplus this year due to prudent state spending.
  • According to AAA, Georgia drivers are currently paying an average of $2.89 for a gallon of unleaded gasoline, the second-lowest amount among the states behind Texas.
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