Senator Lanza Introduces Legislation to Eliminate theNew York StateTax on Gasoline fromMemorial Day to Labor Day
Lanza Also Joins With Senator Fuschillo in Calling Upon Governor Paterson
to Consider Summer Gas Tax Cut
With rising gasoline prices putting a major strain on New York’s families and businesses, Senator Andrew Lanza (R - Staten Island) has introduced legislation, Senate Bill S.7594, which would eliminate the New York State tax on gasoline from Memorial Day to Labor Day.
"With gasoline prices rising to all time highs, Staten Islanders are really feeling the pain," said Senator Andrew Lanza (R - Staten Island). "At nearly $3.50 a gallon, New Yorkers are finding it harder just to get by. A significant part of the outrageously high price of gas is the Federal and New York State tax. Eliminating the New York State tax during the summer months would represent much needed relief for the families of New York, and make gasoline more affordable during the summer traveling season."
State Senators Andrew J. Lanza and Charles J. Fuschillo, Jr. (8th Senate District) have also called on Governor David Paterson to consider suspending New York State’s gasoline taxes during the summer travel season from Memorial Day to Labor Day to provide much needed tax relief at the gas pump.
If the State enacts this tax relief plan, New Yorkers would save approximately 33 cents per gallon in state gasoline taxes. Those savings would be increased if the federal government opted to suspend its own taxes on gasoline during the same time period which are 18.4 cents per gallon for regular gasoline and 24.4 cents per gallon for diesel.
Senators Lanza and Fuschillo also said that the savings plan would reduce gasoline costs to local small businesses, leading to lower prices on consumer goods and services, including basic necessities like milk, eggs and clothing.
"Small businesses are also feeling the pain of high gas prices because they need gas to fuel their delivery vehicles and perform services. These high fuel costs get passed down to consumers in the form of higher prices. Lowering the cost of doing business in New York State will lead to lower prices across the state," Senator Fuschillo said.