NY Senate votes to eliminate state gas tax

May 7, 2008 12:28:38 PM PDT
The New York Senate has passed legislation to suspend state gasoline taxes for the summer, but the effort has little traction because of opposition from the Assembly and Gov. David Paterson.The Republican-sponsored bill would eliminate the gas tax between Memorial Day weekend and Labor Day.

The proposal comes at the same time the federal government and presidential candidates are debating a federal "holiday" from gas taxes.

Senate Republicans claim the bill would save New Yorkers about 32 cents per gallon in state petroleum business, sales and motor fuel excise taxes.

Opponents say they don't trust the oil industry not to jack up prices to eliminate any savings.

The Senate passed the measure 46-to-15 on Wednesday.


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