Bill Text: NJ AR136 | 2022-2023 | Regular Session | Introduced
Bill Title: Urges Governor and President to suspend gas taxes.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2022-05-09 - Introduced, Referred to Assembly Transportation and Independent Authorities Committee [AR136 Detail]
Download: New_Jersey-2022-AR136-Introduced.html
Sponsored by:
Assemblywoman GABRIELA M. MOSQUERA
District 4 (Camden and Gloucester)
SYNOPSIS
Urges Governor and President to suspend gas taxes.
CURRENT VERSION OF TEXT
As introduced.
An Assembly Resolution urging the Governor of New Jersey and the President of the United States to suspend the State and federal gas taxes.
Whereas, Over the last year, Americans have been burdened by an increased cost of living driven by an inflation rate of 8.5 percent for the 12-month period ending March 2022, as reported in the Consumer Price Index for All Urban Consumers (CPI-U) provided by the Bureau of Labor Statistics (BLS) in the United States Department of Labor; and
Whereas, This increase is the largest 12-month increase in the CPI-U in over 40 years since the period ending December 1981; and
Whereas, The BLS also reported a 32 percent increase in energy prices, including a 48 percent increase in gasoline products, during this period; and
Whereas, Accordingly, the country has witnessed gasoline prices driven upward to a national average of $4.33 per gallon and a Statewide average of $4.38 for regular unleaded gasoline as of March 11, 2022; and
Whereas, Taxes levied upon the sale of petroleum products represent a significant portion of the price that consumers pay at the pump with the federal gas tax amounting to 18.4 cents per gallon and the State tax amounting to 42.4 cents per gallon; and
Whereas, Many Americans continue to live in a financially precarious state in the wake of the COVID-19 pandemic and are struggling to afford gas at such a high price; and
Whereas, Low-income households are particularly sensitive to increases in the cost of energy, with a third of Americans living in what experts describe as "energy poverty"; and
Whereas, Increasing energy costs have ripple effects throughout the economy, impacting the prices of all shipped products, including essential grocery and household items; and
Whereas, As costs rise, residents of New Jersey, now more than ever, would greatly benefit from a reprieve from these taxes; and
Whereas, It is altogether fitting and proper for this House to advocate on behalf of New Jersey residents and all Americans by urging the Governor to suspend the State gas tax and the President to suspend the federal gas tax; now, therefore,
Be It Resolved by the General Assembly of the State of New Jersey:
1. a. This House urges the Governor to suspend the State taxes on motor fuels and petroleum products.
b. This House urges the
President of the United States to suspend the federal tax on motor fuels.
2. Copies of this resolution, as filed with the Secretary of State, shall be transmitted by the Clerk of the General Assembly to the Governor of New Jersey, the President and Vice-President of the United States, the Majority and Minority Leaders of the United States Senate, the Speaker and Minority Leader of the United States House of Representatives, and each member of Congress elected from this State.
STATEMENT
This resolution urges the Governor of New Jersey to suspend the State taxes on motor fuels and petroleum products. The resolution also urges the President of the United States to suspend the federal tax on motor fuels.
