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Malloy to Sign Bill Capping The Gas Tax

by | Mar 30, 2012 1:44pm () Comments | Commenting has expired | Share
Posted to: Taxes, State Capitol

Christine Stuart File Photo Gov. Dannel P. Malloy said he will sign the bill passed by the legislature earlier this week changing how the gas tax is calculated. However, he’s going to wait until Tuesday to give businesses time to adjust.

“We are all very concerned about the national rising cost of gasoline and its impact on Connecticut residents, businesses, and the state’s economy as a whole, especially as the summer driving season approaches,” Malloy said in a press release. “I want to be clear that although this is not going to provide consumers with the type of relief they need and expect, it will slow the rise in cost at a time when our residents need it. But what we really need to do as a state and a nation is move toward policies that lead us in the direction of energy independence.”

Click here to read more about the bill.

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