Monday, February 23, 2009

 

Legislative Leaders Not In Favor Of Gas Tax Drop

Because of a change in the wholesale price, Kentucky's gasoline tax was set to drop by four cents a gallon. But, House Speaker Greg Stumbo says legislative leaders are in favor of freezing the current tax and not allowing the drop to kick in. Rick Rand, House budget committee chairman, says the state would lose up to $132 million , if the tax falls by four cents. Stumbo says road construction projects would have to halt.





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