NY Budget Includes Gas Tax Suspension: Starting June 1

NY Budget Includes Gas Tax Suspension: Starting June 1

By Yehudit Garmaise

The New York legislature hit the brakes on high gas prices on Thursday, when it included in its final state budget: a proposal to suspend 16 cents out of the state’s 33 cents gas tax, per gallon, from June 1 to Dec. 31, 2022.

While lawmakers still need to vote on the budget bills that were introduced Thursday, Assemblyman Angelo Santabarbara (D-Schenectady), who first proposed suspending New York’s gas tax, said that its inclusion in the state’s final budget proposal is a “big step toward getting it passed.”

“[The gas-tax suspension] will provide some much-needed for hard-working families here in upstate,” Assemblyman Santabarbara tweeted. “We’re close, but we’re not there yet.”

While Gov. Kathy Hochul had previously worried that the MTA and the state’s highways and bridges, whose maintenance and repairs are funded by the gas, would suffer, the legislature decided that state Comptroller Thomas DiNapoli and the governor’s budget office will transfer cash from a general fund the MTA and the state’s highway and bridge fund monthly to compensate for lost gas tax revenue.

Photo: Flickr

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