Connecticut motorists will continue to see relief at the pumps after the state Legislature approved an extension of the gas tax holiday until next year.
Meeting in a special session on Monday, the Democrat controlled House and Senate approved a proposal to waive the 25 cents per gallon retail tax on gasoline until Dec. 31. The gas tax holiday, which was initially approved in April, was set to expire Nov. 30.Â
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While Connecticut’s gas tax holiday is saving residents at the pump, the savings just isn’t enough, one industry expert says.
Chris Herb, president of the Connecticut Energy Marketers Association, said the tax holiday that expires June 30 is viewed very highly from consumers.
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Connecticut Attorney General William Tong is investigating dozens of potential violations of the state’s gas tax holiday by gas stations throughout the state.
If a specific station is found to have violated the law, the Attorney General’s office may impose penalties, including injunctive terms, restitution, and civil financial penalties.
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Connecticut’s plan to reduce the pain at the gas pump for its residents took effect Friday.Â
HB 5501 passed the state legislature last week. It, like laws in many other states, provides for a gas tax holiday as prices at the pump continue to hover at near record levels.
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Gov. Ned Lamont (D) this week signed legislation suspending Connecticut’s 25-cent-per gallon gasoline tax.
The gas-tax holiday passed both houses of the state legislature unanimously and will last through the end of June. Also to ease Nutmeggers’ economic woes in light of skyrocketing inflation, the state is also providing free bus service to residents throughout April.
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