Bloglanta

This isn’t really a “news flash” type of blog, but I want the community to be aware that it was just announced that Governor Perdue has halted collection of all state gas taxes through September 30.

“My purpose in temporarily suspending fuel tax collection is to relieve some of the financial burden placed on Georgians by disruptions of our fuel supply resulting from the effects of Hurricane Katrina,” Perdue said at a noon press conference at the state Capitol. “I fully considered the fiscal implications. This moratorium will have no negative effect on the state budget.”

The move is expected to gake 15-20 cents off the cost of each gallon of gas, assuming immediate and full retailer compliance. I wonder if the gas pumps’ computers will be easily changed on a quick enough scale to get this done.

Perdue suspends state gasoline taxes (AJC) [registration required, get a login here]

Edit: The moratorium begins at midnight tonight.

This entry was posted on Friday, September 2nd, 2005 at 12:59 pm and is filed under Breaking News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.