Governor Braun Extends Indiana Gas Tax Suspension, Providing Temporary Relief to Motorists
Governor Mike Braun of Indiana has announced an extension of the suspension of the state's sales tax on gasoline for an additional 30 days. In addition to this, he has also paused the state gas tax, which is 36 cents per gallon. This move is expected to save Hoosier motorists approximately 59.3 cents per gallon over the next month. The combined tax suspensions are projected to cost the state $104 million and local units $52 million. Initially, Braun had suspended the 7% sales tax on gasoline, which alone cost $50 million in revenue. The current suspension was set to end on May 8, but with the extension, residents will continue to benefit from a 12.4% discount on the average price of gasoline in Indiana, which has risen from $4.14 to $4.76 per gallon since April.