Governor Kemp suspends state excise tax on fuel

Yesterday, Governor Brian Kemp declared a State of Emergency, citing “40-year-high inflation and negative economic conditions resulting from policies coming out of Washington, D.C.”

As part of this declaration, Kemp temporarily suspended the state’s excise tax on motor and locomotive fuel to provide direct relief to families throughout the state. 

The executive order went into effect at 12 a.m. today, September 13, and will remain in effect until 11:59 p.m. on October 12. 

Consumers should expect the suspension to begin impacting prices after several days, states Kemp’s press release on the State of Emergency.

Kemp, in announcing the executive order instituting the State of Emergency and accompanying excise tax suspension, stated, “From runaway federal spending to policies that hamstring domestic energy production, all Bidenomics has done is take more money out of the pockets of the middle class. While high prices continue to hit family budgets, hardworking Georgians deserve real relief and that’s why I signed an executive order today to deliver it directly to them at the pump.”

Suspension of the excise tax will reduce the price of fuel in Georgia by 31.2 cents per gallon of gasoline and 35 cents per gallon of diesel fuel. 

When the gas tax was suspended from March through December of last year, 2022, Georgians saved roughly $1.7 billion at the pump, according to state statistics. 

According to AAA, the average cost of a gallon of regular gas in Georgia is currently $3.57, up from $3.24 a year ago.

You can read Executive Order 09.12.23.01 here.