Georgia motorists will continue receiving relief from state gasoline and diesel taxes through the Thanksgiving holiday after Governor Brian Kemp announced Saturday that he is extending the state’s motor fuel tax suspension through November 30. The announcement, made October 24, extends the state of emergency declared in response to volatility in global petroleum markets and continued high fuel prices. The suspension had previously been scheduled to expire November 5. Kemp said he made the decision in consultation with Lieutenant Governor Burt Jones and Georgia House Speaker Jon Burns. The extension will keep the state’s motor fuel excise tax suspended during one of the busiest holiday travel periods of the year. Georgia’s motor fuel excise tax is currently 33.3 cents per gallon for gasoline and 37.3 cents per gallon for diesel. Those taxes will remain suspended through November 30 under the governor’s latest action. For motorists, the suspension means that the state tax will not be included in the cost of fuel during the extension period. On a 15-gallon gasoline purchase, the suspended tax represents approximately $5 in potential savings. A 20-gallon purchase represents $6.66 in state gasoline taxes that are not being collected. Actual pump prices can still fluctuate because of changes in crude oil prices, refinery costs, transportation expenses and other market conditions. The suspension does not eliminate local fuel taxes. The extension is particularly significant for…
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