Kemp signs bill suspending gas tax amid Iran war
The bill comes as oil prices continue to fluctuate due to disruptions to supply from the closure of the Strait of Hormuz. As of press time, oil stood at roughly $107 per barrel.
Gov. Brian Kemp, R-Ga., on Friday signed a bill suspending the gas tax for 60 days, which the legislature passed amid price fluctuations from the Iran war.
"Hardworking Georgians know best how to spend their money, not the government," Kemp said in a statement. "That's why I'm proud to sign these bills and, along with the General Assembly, deliver meaningful tax relief on top of the other measures we've taken in recent years. Because we budget conservatively, we can take steps like these that actually deliver on affordability issues for families in our state."
Kemp also signed a one-time income tax rebate of up to $250 per single filer, $375 for heads of households, and $500 for couples filing jointly.
The bill comes as oil prices continue to fluctuate due to disruptions to supply from the closure of the Strait of Hormuz. As of press time, oil stood at roughly $107 per barrel.
Ben Whedon is the Chief Political Correspondent at Just the News. Follow him on X.