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NC Lawmakers Pass Gas Tax Suspension but It Could Be a While Before Drivers See Relief
The measure shifts reserve money to transportation funds and gives farmers temporary dyed-diesel flexibility as lawmakers respond to higher fuel prices.
- On Wednesday, October 7, the North Carolina General Assembly convened a special session and approved the "Relief at the Pump Act," suspending the state's 41-cent-per-gallon motor fuels tax through November 30.
- Senate leader Phil Berger and House Speaker Destin Hall initiated the session to provide relief, reversing their previous skepticism as economic pressure intensified on families and farmers during harvest season.
- Funding from the state's $518 million Inflation Reserve will replace the estimated $225 million in transportation revenue loss, while farmers gain relief on dyed diesel penalties through December 31.
- Governor Josh Stein signed House Bill 3 on Friday, though Senate minority leader Sydney Batch and other Democrats criticized the timing as a "political stunt" ahead of the November 3 midterm elections.
- Global market factors remain the primary driver of fuel prices, and experts caution that retailers may not immediately pass the full 41-cent savings to motorists at the pump.
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Gov. Stein signs House Bill 3, suspending state gas tax in N.C.
Special to IFN RALEIGH -- Gov. Josh Stein on Friday signed House Bill 3 into law, suspending the state gas tax and lowering costs for families across North Carolina. “Rising grocery, utility, and gas prices are making the costs too high for people across our state,” Stein said. “I am signing this bill to keep…
Coverage Details
Total News Sources70
Leaning Left11Leaning Right9Center33Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 21%
C 62%
R 17%
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