West Virginia Touts Tax Freeze Savings

By: The Associated Press Email
By: The Associated Press Email

CHARLESTON, W.Va. (AP) - Gov. Joe Manchin says a decision to
freeze the state gas tax until the end of 2009 will save West
Virginians between $50 million and $55 million next year.

State Tax Commissioner Christopher Morris says the estimate is based on the average wholesale price of fuels between July 1 and Oct. 31, which the state uses to calculate next year's gas tax.

Morris says those figures show drivers will save 3.7 cents a gallon in 2009.

The Legislature voted in June to keep the wholesale portion of the fuel tax at 11.7 cents per gallon.

To offset projected losses to the State Road Fund, the Legislature set up a $40 million special fund, about $12.6 million of which has been spent.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WSAZ NewsChannel 3 645 Fifth Avenue Huntington, WV 25701 304-697-4780 WSAZ Charleston 111 Columbia Avenue Charleston, WV 25302 304-344-3521
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 35193859 - wsaz.com/a?a=35193859