Indiana Governor Mike Braun announced on Wednesday, June 3, an extension of the Gas Tax Suspension, first announced in April.
Braun is extending the suspension of both the 7% Gasoline Usage Tax and the Gasoline Excise Tax through July 7. The current suspension was set to expire June 7.
AAA reports Indiana currently has the cheapest gas prices in the country, averaging $3.59 per gallon.
According to the governor’s office, the Gasoline Usage Tax would otherwise be $0.265 per gallon. The Gasoline Excise Tax is currently $0.36 per gallon. Suspending both taxes saves Hoosiers more than 62 cents per gallon at the pump.
Governor Braun first announced a 30-day suspension of the Gasoline Usage Tax on April 8. On May 6, Gov. Braun extended that relief and added a suspension of the Gasoline Excise Tax, more than doubling the savings for Hoosier motorists, both of which have been extended as of June 4.
