Legislation was introduced this week addressing the high cost of gas in Michigan. Moreover, this would address high prices at the pump in perpetuity. According to AAA, the average cost of a gallon of gas in Michigan is $4.0860, while the national average is $3.8470.
Key Points:
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- House Bills 6146-6147 were introduced by Representative Phil Skaggs (D-East Grand Rapids).
- The legislation would suspend the state’s 52-cent-per-gallon gasoline tax once the average statewide gasoline price reaches $5.00 per gallon.
- Once the tax holiday is triggered, the suspension would remain in effect for three months.
- Revenue lost to the state during the suspension would be offset by transfers from the Budget Stabilization Fund.
- The bill was referred to the House Appropriations Committee for consideration.
“Michiganders are feeling squeezed every time they pull up to the pump. When gas prices skyrocket, people have to make tough choices between filling their tank and paying for groceries, rent or other essentials. This proposal is about giving people a little breathing room when they need it most,” Representative Skaggs said.
