Overview
- Senators voted unanimously to approve HB 1199 a day after a 163–4 House vote, sending the measure to the governor’s desk.
- The plan would lift the state excise tax for 60 days, removing about 33 cents per gallon on gasoline and 37 cents on diesel.
- Officials expect pump prices to fall after distributors adjust, with savings likely appearing within days if the bill is signed.
- Legislative estimates put the revenue loss near $200 million per month, to be offset using surplus funds.
- The move follows a jump in Georgia’s average to roughly $3.77 per gallon as Middle East disruptions, including constraints near the Strait of Hormuz, strain supplies; Kemp’s office has signaled support, noting prior suspensions.