Braun extends Indiana gas-tax holiday through Oct. 6, aiming to relieve pump costs for Hoosiers
Gov. Mike Braun extended the state gas tax holiday for 30 days, suspending Indiana’s gasoline use and excise taxes through Oct. 6. The governor said the pause is intended to ease household costs and will be reviewed again in 30 days.
Governor Mike Braun announced a 30-day extension of Indiana’s gas tax holiday, suspending the state gasoline use tax and gasoline excise tax through Oct. 6, the governor’s office said. Braun framed the move as a response to higher consumer costs including property taxes, utilities, health care, housing and gasoline. He said he will reassess pump prices and other conditions in 30 days.
Braun cited disruptions to global oil shipping lanes as a factor in elevated gasoline prices and said suspending the state taxes will provide additional relief, according to his announcement. He also highlighted a second consecutive year freeze on tuition and mandatory fees at Indiana’s public colleges and universities. The governor’s office said the measure is intended to help families, including those recovering from recent severe weather.
BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.
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