NC House Interested In Capping Gasoline Tax

The North Carolina House is interested in capping the gasoline tax for the first half of 2012.

Two House committees approved Monday a bill keeping the state motor fuels tax at 35 cents per gallon through June 30. The gas tax is recalculated automatically twice annually based on a formula linked to wholesale gas prices. The Legislature's nonpartisan fiscal staff estimates the tax would grow to nearly 39 cents without a cap.

Republicans supporting the cap said it would give relief to the public while promoting accountability within the Department of Transportation. The bill would direct a study of the DOT tax structure. Opponents said the cap would mean $96 million less for road projects, maintenance and DOT programs.

The full House was expected to consider the measure Monday evening.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WITN

275 E. Arlington Blvd. Greenville, NC 27858 252-439-7777
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 134643033 - witn.com/a?a=134643033