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Maryland lawmakers: Cutting tax won’t fix high gas prices

today05/26/2022 5

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ANNAPOLIS, Md. (AP) — Top Maryland lawmakers say cutting a scheduled gas-tax increase of about 6 cents this summer won’t solve the problem of high gas prices.

House Speaker Adrienne Jones and Senate President Bill Ferguson said in a joint statement Wednesday that eliminating the inflation adjustment on gas would result in a loss of more than $200 million in funding to ensure the safety of roads and bridges. Ferguson and Jones say the state cannot have a reliable transportation network that regularly experiences failing conditions due to insufficient funding and deferred maintenance.

The gas tax is set to rise from 36.1 cents to 42.7 cents a gallon on July 1.

 

Source: AP – All contents copyright 2022 Associated Press.  All rights reserved.

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