Ohio General Assembly Suspends State Gas Tax

$725 million dollars. Nearly 3/4 of a billion in savings for Ohio drivers at the gas pump.

The three month suspension of the state's gas tax takes effect Sunday.
Led by Senate and House Republicans the General Assembly passed a bill suspending the MFT (Motor Fuel Tax) for 90 days.

The state's tax on gasoline is 38.5 cents per gallon and the tax on diesel is 47 cents per gallon.

Although it was a bipartisan vote, more than half of the Democrats in each chamber voted against giving Ohioans the tax cut at the gas pump which will run through the holidays.

Watch our special edition of The President's Podcast recorded immediately after Wednesday's Senate session. Senate President Rob McColley takes us step-by-step through the repeal. He highlights how the bill which was signed by Governor DeWine on Thursday also protects funding for state and local highway projects and the Rainy Day Fund.

Find a helpful guide from the Ohio Department of Taxation for consumers about the gas tax holiday here.

For more information read the news release and Legislative Service Commission analysis of the bill.

The President's Podcast is found on YouTube, Spotify, Apple Podcasts, Amazon Podcasts, and iHeart.