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ATLANTA — Gov. Brian Kemp signed laws Friday, March 18, quickly suspending Georgia’s gross sales tax on gasoline.
The state Home and Senate handed Home Invoice 304 unanimously over the past week.
Gasoline costs have skyrocketed because the Russian invasion of Ukraine greater than three weeks in the past and the following ban on U.S. imports of Russian oil President Joe Biden imposed final week.
The state has suspended the gasoline tax previously when gasoline provides had been disrupted, most lately when the Colonial Pipeline shut down final Might following a ransomware assault.
The governor is legally allowed to droop the tax by government order when the Basic Meeting is just not assembly. On this case, with lawmakers in session, Kemp waited till the invoice he proposed made its method by way of the Home and Senate.
The state Home and Senate handed Home Invoice 304 unanimously over the past week.
Gasoline costs have skyrocketed because the Russian invasion of Ukraine greater than three weeks in the past and the following ban on U.S. imports of Russian oil President Joe Biden imposed final week.
The state has suspended the gasoline tax previously when gasoline provides had been disrupted, most lately when the Colonial Pipeline shut down final Might following a ransomware assault.
The governor is legally allowed to droop the tax by government order when the Basic Meeting is just not assembly. On this case, with lawmakers in session, Kemp waited till the invoice he proposed made its method by way of the Home and Senate.
The suspension is because of expire Might 31 except the governor decides pump costs are nonetheless excessive sufficient to warrant persevering with it.
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