Tuesday, February 27, 2024 |

A 30-day pause on Maryland’s gas tax is poised to become law Friday, potentially cutting prices immediately

March 18, 2022

A monthlong suspension of the state’s 36-cent fuel tax is poised to become law Friday, with the General Assembly expected to deliver it to Gov. Larry Hogan for his swift signature. That would make Maryland among the first states to pass a measure many others are considering to lessen pain at the pump. Lawmakers are hoping the tax holiday translates to a sharp drop in gasoline prices right away. The average statewide cost of a gallon of regular gas stood at $4.21 on Thursday, down slightly from an all-time peak of $4.31 six days earlier.

Article Source: Baltimore Sun

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.