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Georgia’s reinstatement this year of motor fuel taxes helped the state collect 13.1% more revenue to reach nearly $2.5 billion in July compared with the previous year. Gov. Brian Kemp’s office announced Aug. 10 that the double-digit increase for that month was mainly due to reinstating the state’s motor fuel excise tax. Kemp’s announcement noted the state had suspended fuel tax collection from March 18, 2022, through Jan. 11, 2023. The latest taxation figures show motor fuel tax collections in July reached $179.5 million, making up 62% of total taxes collected that month.
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By Transport Topics4.1
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Georgia’s reinstatement this year of motor fuel taxes helped the state collect 13.1% more revenue to reach nearly $2.5 billion in July compared with the previous year. Gov. Brian Kemp’s office announced Aug. 10 that the double-digit increase for that month was mainly due to reinstating the state’s motor fuel excise tax. Kemp’s announcement noted the state had suspended fuel tax collection from March 18, 2022, through Jan. 11, 2023. The latest taxation figures show motor fuel tax collections in July reached $179.5 million, making up 62% of total taxes collected that month.
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