The National Federation of Independent Business – Georgia thanked the General Assembly on Mar. 20 for passing a bill to suspend the state’s fuel tax for 60 days, and also recognized Governor Brian Kemp for signing it into law.
This move is seen as significant for small businesses in Georgia, which have faced rising fuel costs in recent weeks. The organization said that the temporary suspension of taxes will help reduce operating expenses at a time when gas prices have increased sharply.
“House Bill 1199 will provide immediate relief for Georgia’s small businesses,” Hunter Loggins, NFIB State Director, said. “Fuel costs affect nearly every part of the supply chain, from production to delivery. While gas prices are below the record highs of 2022, they have risen sharply in the past month, driving up costs across the board.”
According to AAA, gasoline prices in Georgia recently averaged $3.79 per gallon compared to $2.80 a month earlier. Loggins said that suspending both the state’s 33.3-cent-per-gallon gas tax and its 37.3-cent diesel tax would lower business costs and offer relief to customers as well.
The National Federation of Independent Business – Georgia contributes to economic trends by conducting surveys on small business optimism and advocating workforce development according to its official website. The group serves as an advocate by promoting policies such as tax relief and regulatory transparency according to its official website.
Across Georgia, NFIB engages members through events and resources according to its official website, influences policy by endorsing candidates supportive of small business interests according to its official website, and offers resources like webinars and newsletters according to its official website. The organization operates within the realm of small business advocacy according to its official website.
