Deal Won't Halt Georgia Gas Tax Hike Tied to Formula

Friday, April 29th, 2011

More pain at the pump is on the way for Georgia motorists, as the state's gas tax is set to rise by about 3 cents a gallon on Sunday as a result of a formula tied to fuel prices.

The increase - which also will add an additional two cents a gallon in many counties - takes effect as part of a tax rate change that usually takes place twice a year. Part of the state gas tax is pegged to the average price of gas, and when that price rises, the tax jumps as well.

Gov. Nathan Deal, a Republican who could issue an executive order to freeze the rate, said it was unlikely he would do so.

Read More: Forbes