46.6 F
Spring Hill
Saturday, December 21, 2024
HomeAt Home & BeyondGas tax break holiday underway

Gas tax break holiday underway

- Advertisement -

Floridians are getting a break from paying sales tax at the gas pump under a Gas Tax Holiday that began on Oct. 1 and continues through Oct. 31, 2022.

Signed into law by Gov. Ron DeSantis this past May, The Florida Motor Fuel Tax Relief Act reduces the cost-per-gallon-rate by 25.3 cents and applies to purchases of all gasoline products. The tax break represents $200 million in savings for consumers, the Governor’s office said.
On Oct. 3, the average price of gasoline in Hernando County was $3.203 according to the American Automobile Association (AAA). The average in Florida was $3.221.

The Florida Motor Fuel Tax Relief Act is contained in HB 7071 which provides more than $1.2 billion of tax relief for Floridians. The bill provides for ten sales tax holidays for a variety of items commonly purchased by Florida families.

RELATED ARTICLES

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.
We use Mailchimp as our marketing platform. By clicking to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing.

Most Popular