“A tentative agreement has been reached between both houses of the state Legislature to cap the state gas tax at the $2 per gallon, giving motorists some relief when filling their gas tanks,” announced Assemblyman Bill Reilich (R,C,I-Greece) today.
The state has benefited from rising costs of gasoline, maintains Reilich, reaping nearly $120 million over the past year because gasoline tax revenue, which is tied to the cost of a gallon of gasoline, increases as well.
Assemblyman Reilich and his minority colleagues on April 11 voted for a measure that would have capped the state gas sales tax; however, the Assembly majority voted down the measure, 77-64.
“It is apparent a great deal of work is left before us,” said Reilich. “I am optimistic that members from the other side of the aisle realize the importance of lowering the gas tax, and will help pass this measure when it comes before us again.”
Assemblyman Reilich is one of many Assembly minority conference members leading the movement across the state to cap the state sales tax on gasoline, holding press conferences and rallying support to pressure the Assembly majority to compromise on relief at the pump.
“While a few cents a gallon may not sound like a lot, motorists in New York could stand to save millions,” added Reilich. “Passing gas tax relief is the first step in the right direction. Now that we are close to achieving a gas tax cap, we need to look for alternative fuel sources.”
Reilich said his Assembly minority conference is also proposing a long-term solution to the growing fuel crisis that aims to transition the state from oil and other fossil fuels to alternative fuels like ethanol and bio-diesel.