Connecticut Gov. Ned Lamont Extends Gas Tax Holiday

Connecticut Gov. Ned Lamont Extends Gasoline Tax Vacation


Connecticut state capitol (Nathan McDaniel/Getty Photographs)

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Connecticut Gov. Ned Lamont has prolonged the fuel tax vacation via Dec. 31 in a invoice signed throughout a particular session of the Normal Meeting to offer financial reduction to residents.

“We’re extending the fuel tax vacation a bit of bit longer, offering power help for these in want, and growing the quantity of funding out there for the pandemic pay program for the important staff who’ve confirmed as much as work day-after-day all through the pandemic,” Lamont famous Nov. 29.

Among the many provisions within the invoice is to increase via the top of this yr the present non permanent suspension of Connecticut’s 25 cents-per-gallon excise tax on gasoline. Gross sales or use of propane, pure fuel or diesel by a distributor will not be impacted by this suspension.

Beginning Jan. 1, the fuel tax will probably be returned by being phased again at 5 cents monthly. The fuel tax has been suspended since April 1 and was going to run out Nov. 30.

Different states had fuel tax holidays earlier this yr which have expired. Georgia’s fuel tax vacation extension for diesel and fuel is about to run out Dec. 11. New York’s non permanent suspension of taxes on fuel and freeway diesel gasoline started June 1 and stays in impact via Dec. 31.

Need extra information? Take heed to at present’s day by day briefing under or go right here for more information:

 



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