High Gas Prices Are Spurring States to Waive Taxes and Regulations Amid Midterm Election
Ohio will suspend its gasoline and diesel taxes through year-end, and the $725 million plan aims to offset record fuel costs.
- On Wednesday, Ohio lawmakers passed a 90-day gas tax holiday with broad bipartisan support, suspending the 38.5-cent-per-gallon gasoline tax and 47-cent-per-gallon diesel tax through year's end.
- Republican legislative leaders recalled lawmakers to the Statehouse after Democratic gubernatorial candidate Amy Acton proposed the holiday, followed hours later by rival Republican Vivek Ramaswamy, both seeking to succeed term-limited Gov. Mike DeWine.
- Critics, including Democratic state Rep. Allison Russo, called the plan an election-year "stunt" that will save Ohioans an average of $55 over three months, while the state will tap $725 million from the general fund to replace lost revenue.
- States like Alabama, Louisiana, Nebraska, and Texas have targeted relief specifically to the agricultural industry, as Ohio becomes one of at least one-fifth of states implementing fuel tax relief, according to an Associated Press review.
- Data from the AAA motor club shows regular gasoline averages $4.43 a gallon, up roughly 50% since the war with Iran began, though experts caution that tax holidays may not always lower prices because taxes are typically charged at the wholesale level.
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Ohio Lawmakers Succeed in Passing Bill to Suspend Gas Tax
While Ohio drivers are seeing increasingly high gas prices, state lawmakers just moved a step closer to providing some relief. On Wednesday, both chambers of the Ohio General Assembly approved House Bill 519, temporarily suspending the state’s gas tax for 90 days, which could get drivers lower prices at the pump through the holiday season.
Ohio lawmakers approve 90-day gas tax holiday just weeks ahead of election
Ohio state lawmakers have approved a 90-day gas tax holiday at the urging of Republican candidate for governor Vivek Ramaswamy. The House and Senate also cobbled together the two-thirds supermajority necessary for an emergency clause which ensures the measure takes effect immediately. The move comes as the rising cost of gas and diesel threaten Republicans’ […]
High gas prices are spurring states to waive taxes and regulations amid midterm election – WTOP News
COLUMBUS, Ohio (AP) — State officials nationwide are focusing on rising gas and diesel prices tied to the war in Iran, offering gas tax holidays and other measures to ease costs as affordability remains a top voter concern in the critical midterm elections. The high gas prices took center stage in Ohio on Wednesday, as...
High gas prices are spurring states to waive taxes and regulations ami
COLUMBUS, Ohio (AP) — State officials nationwide are focusing on rising gas and diesel prices tied to the war in Iran , offering gas tax holidays and other measures to ease costs as affordability remains a top
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