{"id":35023,"date":"2022-06-03T13:07:21","date_gmt":"2022-06-03T13:07:21","guid":{"rendered":"https:\/\/harchi90.com\/new-york-suspends-gas-tax-for-the-rest-of-the-year-as-prices-continue-at-record-highs\/"},"modified":"2022-06-03T13:07:21","modified_gmt":"2022-06-03T13:07:21","slug":"new-york-suspends-gas-tax-for-the-rest-of-the-year-as-prices-continue-at-record-highs","status":"publish","type":"post","link":"https:\/\/harchi90.com\/new-york-suspends-gas-tax-for-the-rest-of-the-year-as-prices-continue-at-record-highs\/","title":{"rendered":"New York Suspends Gas Tax For The Rest Of The Year As Prices Continue At Record Highs"},"content":{"rendered":"
New York Democratic Governor Kathy Hochul announced on Wednesday that the state is suspending taxes on gas sales for the rest of the year as prices continue at record levels.<\/p>\n
The fuel tax suspension, effective June 1 through December 31, will provide savings of at least $ 0.16 per gallon across the state of New York.<\/p>\n
\u201cFuel prices have surged in recent months, hurting working families and small businesses the most, and it is crucial that we provide New Yorkers relief,\u201d Hochul said in a statement.<\/p>\n
“By suspending certain fuel taxes for the next seven months, New York is providing some $ 609 million in direct relief to New Yorkers – a critical lifeline for those who need it most. At a time when families are struggling because of economic headwinds and inflation, we will continue to take bold action to reduce the economic burden on New Yorkers and get money back in their pockets, \u201dshe added.<\/p>\n
With the national average for a gallon of regular unleaded up to $ 4.67 per gallon nationwide and $ 4.93 per gallon in New York, the news comes as a short-term relief to the state’s drivers.<\/p>\n
The move could save the state’s drivers $ 585 million through 2022 as gas prices are expected to remain high, according to the legislation.<\/p>\n
\u201cRising gas prices hurt families and our economy and we are doing everything possible at the state level to lower costs,\u201d state Sen. John Mannion posted to Twitter.<\/p>\n
\nRising gas prices hurt families and our economy and we are doing everything possible at the state level to lower costs <\/p>\n
Today @ PamelaHunter128<\/a> and I discussed the state and county gas tax suspensions that take effect 6\/1 and will provide some relief at the pump pic.twitter.com\/T3s3RP9aig<\/a><\/p>\n