In attempts provide relief to taxpayers at the pump, there is a growing trend in 2022 of states passing temporary gas tax holidays to combat inflation and surging fuel prices.
The Maryland Comptroller called on the General Assembly of Maryland and the Governor to institute a gas tax holiday. The legislature quickly passed a 30-day gas tax holiday with S.B. 1010/H.B. 1486. The motor fuel tax-free period began March 18, 2022 and ends on April 16, 2022. Qualifying fuels are gasoline, other than aviation gasoline; special fuels other than turbine fuel; and the gasoline equivalent gallon of clean burning fuels, excluding electricity. Get more details from the Maryland Comptroller.
Connecticut suspended its 25 cents per gallon excise tax on gasoline from April 1, 2022, to June 30, 2022 with emergency legislation H.B. 5501. Each retailer is required to reduce the per-gallon price of fuels or gasohol sold in an amount equal to the amount of the reduction. The legislation suspends fares on public buses statewide during that same period.
With the passage of H.B. 304, Georgia suspended collection of motor fuel excise tax from March 18, 2022 through May 31, 2022. All fuels subject to Georgia motor fuel excise tax imposed including, but not limited to, gasoline, clear diesel, aviation gasoline, liquid propane gas, gasohol, ethanol, liquified natural gas, and compressed natural gas, are eligible for the suspension of tax. Find more information on the Georgia Department of Revenue website.
Numerous other states have proposed legislation, including but not limited to: