By WMAL.com
The office of Governor Glenn Youngkin sent a legislative proposal to the General Assembly that, if passed, would suspend the state gas tax for the next three months. The legislation comes in response to rising gas prices that continue to hurt working class families across the Commonwealth.
- What Youngkin said: “Virginians need tax relief and it’s time for the General Assembly to act on the multiple tax relief proposals. With gas prices and inflation squeezing families’ pocket books across Virginia and the nation and with over $1 billion in unanticipated revenue in our transportation fund, the general assembly must act now. Virginia should join numerous other states, led by both Republicans and Democrats, in temporarily suspending the gas tax. Actions speak louder than words, we can lower gas prices now for all Virginians,” said Youngkin in a press release issued by his office.
- 26.2 cents: the amount that would be suspended if Governor Youngkin’s proposal is passed and the states Motor Vehicle Fuels is put on hold. The governor is requesting the suspension to go into effect through the months of May, June and July.
- The state budget: revenues generated by “The Gas Tax” are deposited in the Commonwealth Transportation fund, which is expected to generate
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