Midstate Chamber of Commerce issued the following announcement on March 24.
(HARTFORD, CT) - Governor Ned Lamont today announced that he has signed emergency bipartisan legislation (House Bill 5501) suspending Connecticut's excise tax on gasoline from April 1, 2022, to June 30, 2022. In addition, the legislation suspends fares on public buses statewide during that same period, and it creates a one-week sales tax holiday on clothing and footwear under $100 from April 10, 2022, to April 16, 2022. The state's excise tax on gasoline is 25 cents per gallon. The legislation includes language asserting that failure by retailers to reduce the per-gallon price of gasoline by this amount during the suspension period will be considered an "unfair or deceptive trade practice." The legislation was approved in the House and the Senate with unanimous support by lawmakers.
Governor Lamont said, "With this bipartisan action, we are taking steps to provide some relief to consumers as they face rising prices due to a number of international dynamics and market instability that go far beyond our state. Connecticut is in a stronger fiscal position than ever before, and I am determined to use every tool available to provide relief for our residents. I am appreciative that legislative leaders from both parties successfully worked with my office to get this done, and I think these actions are a good indicator that in the coming weeks we will be able to once again come to a bipartisan agreement to provide more tax relief to the people of Connecticut."
Lt. Governor Susan Bysiewicz said, "Our administration is acting today to provide immediate relief to Connecticut consumers who are paying higher prices at the gas pump as the result of the crisis in Ukraine and international inflation. Putting more money back in consumers' pockets will help alleviate some of the strain families are experiencing as we emerge from the impact of the COVID-19 pandemic."
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