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Indiana governor suspends state gas tax for 30 days
Braun said the move will save Hoosiers 17 cents a gallon and could cut state revenue by up to $50 million over 30 days.
- On Wednesday, Indiana Gov. Mike Braun announced a 30-day suspension of the state's sales tax on gasoline, effective immediately at the Indiana Statehouse to provide relief from rising fuel costs.
- Rising fuel costs averaging $4.13 per gallon in Indiana prompted the move as Braun cited cumulative inflation pressure—roughly 25% over three years—as a factor in his decision to act on affordability.
- The suspension impacts the combined $0.53 per gallon tax, which includes a $0.36 excise tax, with state officials estimating the monthly reduction in tax revenue could reach up to $50 million.
- State Sen. Travis Holdman , chairman of the Senate Committee on Tax and Fiscal Policy, supported the move, stating, "The current price of gas is adding too much pressure on Hoosiers and their wallets.
21 Articles
21 Articles
Indiana Suspends Gas Sales Tax Amid US–Iran War
Indiana has suspended its gas sales tax for 30 days as prices keep rising amid the United States’ war with Iran. Gov. Mike Braun announced the suspension on April 8. “I am declaring a gas tax holiday to give Hoosiers relief from the pain at the pump from high gas prices,” Braun said in a statement. “Affordability is my top priority.” Indiana’s state gas sales tax, also known as its gasoline use tax, is 7 percent. A separate excise tax of $0.36 c…
Indiana governor suspends state gas tax for 30 days
Indiana Gov. Mike Braun (R) on Wednesday suspended the Hoosier State’s sales tax on gas for 30 days, as prices at the pump have increased since the U.S.-Israeli conflict with Iran began. Braun said at a press conference that he will “look at” whether to further extend the gas tax holiday at the end of…
Gov. Mike Braun suspends Indiana gas sales tax amid Iran conflict
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