S.1045

Suspend the Gas Tax

Introduced·3/24/26
Introduced Text

Suspends the gas tax in South Carolina for up to 60 days if gas prices do not drop by 15%.

This bill suspends the gas tax in South Carolina for thirty days, with an automatic extension for another thirty days if gas prices do not drop by fifteen percent. The Revenue and Fiscal Affairs Office will determine the average price for a gallon of gasoline. The suspension takes effect upon approval by the Governor.

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Where it stands

Current
Finance Committee
Next
Committee decision

Sponsors

D
1
2
RR
Democratic CaucusRepublican Caucus

History

Mar 24

Senate

Introduced and read first time

Mar 24

Senate

Referred to Committee on Finance