Georgia Gov. Brian Kemp’s office said Wednesday that the state has extended its moratorium on diesel and gasoline taxes through Nov. 29.
The suspension of motor and locomotive fuel taxes, at 31.2 cents per gallon of gasoline and 35 cents per gallon of diesel, was set to expire Saturday. Kemp’s office said he wanted to provide fuel tax relief to drivers through the Thanksgiving holiday period.
Wednesday’s measure marks the third time since early summer that a fuel tax moratorium has been signed into law.
According to AAA, the average diesel pump price in Georgia stands at $3.999 a gallon. That is down from $4.96 a gallon a year ago. The national average for diesel pump prices stands at $4.39 a gallon, according to AAA data.
Motor fuel taxes in Georgia are paid to the state by fuel distributors and not by local gas stations. The gap between when distributors pay for taxed fuel and when the fuel reaches the pump means that fuel prices will rise based on the fill-up point.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now