Ohio Gas Tax Pause
Ohio lawmakers pass emergency bill for a ninety-day fuel tax pause to ease rising prices.
Anonymous
Ohio lawmakers approved an emergency measure suspending the state’s 38.5-cent-per-gallon gasoline tax and 47-cent diesel tax for 90 days, with Gov. Mike DeWine expected to sign it into law. The bipartisan bill passed both chambers and is intended to ease pressure from rising fuel prices; estimated savings are about $6 for a 15-gallon fill-up, or roughly $7 for a 20-gallon tank. The lost transportation-tax revenue would be covered by the state’s General Revenue Fund, rather than transportation funds. Supporters say the pause could help drivers and businesses, while critics question whether retailers will pass the savings on and argue the measure is a political gesture that diverts attention from broader issues and transportation needs.
Key Points
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Because the bill includes an emergency provision, the tax suspension is set to take effect immediately once Gov. Mike DeWine signs it; he said he would sign it Thursday.
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Ohio gas stations are required to pass the tax savings on to customers immediately, according to the report.
3
The state expects $725 million from its General Revenue Fund to cover the revenue losses from the suspension.
4
The report notes that Republicans had pushed for the suspension while Indiana had already paused its gas tax since early summer.
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