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Arianna Otero, Tallahassee Democrat. September 10, 2024 at 5:02 AM. Florida gasoline prices are dropping fast after a big drop in the crude oil market, with the price per barrel falling last week ...
The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023. On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 ...
In January 2022, Florida governor Ron DeSantis proposed a $1 billion gas tax holiday to counter inflation. The proposed policy would have occurred between July 1, 2022, and November 30, 2022. [7] The final legislation resulted instead in a one-month gas tax holiday for October 2022. [8]
Florida TaxWatch is an independent, nonpartisan, nonprofit taxpayer research institute located in Tallahassee, Florida. Founded in 1979 as the Citizens Council for Budget Research, Florida TaxWatch conducts research aimed at improving government efficiency and accountability. Florida TaxWatch is a 501 (c) (3) tax-exempt non-profit educational ...
In 2023, Floridians paid $3.68 per gallon on Labor Day and $3.52 during the 2022 holiday weekend. In 2021, the average price of gas was $3.02 per gallon during Labor Day weekend in the Sunshine State.
Electric vehicles are driving Florida’s economy forward, generating jobs for the state and substantial savings for individual drivers. From 2021 to 2022, Florida saw a 28% increase in jobs ...
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The Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), (H.R. 3684) is a United States federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on November 15, 2021. It was introduced in the House as the INVEST in America Act and nicknamed the ...