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Kentucky Gov. Beshear Extends Gas Tax Reduction for 33 Cities, Counties
The extension keeps the 10-cent reduction in place for 33 communities, while state officials estimate it cuts Road Fund revenue by $26.8 million a month.
- On Tuesday, Gov. Andy Beshear extended a 10-cent gas tax reduction through June 30 for 33 Kentucky cities and counties, including Louisville, following requests from local officials.
- Beshear initiated the relief in May to counter rising fuel costs from the war in Iran and to halt a scheduled gas tax increase to 27 cents per gallon on July 1.
- An estimated $26.8 million monthly loss to the Road Fund led Committee Chairman Ken Upchurch to call the action "terrible public policy," citing a potential 17% decline in road aid.
- Gasoline and diesel prices will increase by 10 cents per gallon starting Thursday, June 11, in areas that did not request an extension.
- Debate continues over using the Budget Reserve Trust Fund to replace lost revenue, with officials warning that individual savings of about $4 monthly may not justify potential road maintenance costs.
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Kentucky gas tax break to expire in most of the state Thursday, extend in over 30 cities or counties
Kentucky Gov. Andy Beshear announced Tuesday that 33 cities or counties would see an extended gas tax break as his executive order to cut the tax is set to expire Thursday.Beshear issued the executive order in early May.The 10-cent tax break on wholesale gasoline was designed to help ease economic pressure caused by the U.S. war with Iran.WCPO met Kyle Harris in Wilder, Ky. Tuesday as he filled up his work truck at the Shell gas station along Li…
·Cincinnati, United States
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Coverage Details
Total News Sources20
Leaning Left3Leaning Right4Center9Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 19%
C 56%
R 25%
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