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GA drivers will pay more Nov. 30 as fuel tax suspension ends

November 29, 2023

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If you stopped at a Georgia gas station today to top off your tank, you might have encountered a line.

Peach State motorists will see fuel prices increase tomorrow, Nov. 30, as the governor's emergency suspension of the state fuel excise taxes expires. So you couldn't blame them for trying to get one last bargain at the pump.

Gov. Brian Kemp's decree, first issued in September and then extended in October through most of this month, saved drivers of gasoline-powered vehicles 31.2 cents per gallon. Drivers of auto that use diesel saved 35 cents per gallon.

In addition to the fuel cost relief, Kemp's Executive Order also suspended the collection of the state's 4 percent sales tax on fuel purchases.

Inflation reason subsides: Kemp made the move initially to help Georgia drivers deal with inflation.

The good news is that inflations has been subsiding, not just in Georgia, but nationwide. That's not a surprise.

Fuel analysts note that pump prices almost always ease at this time of year as winter blend gasoline is cheaper to produce than the summer fuel variety.

In Georgia, AAA reports that the average cost per gallon of regular gas this week is $2.78 a gallon. Even with the 31.2 cent gas tax added back, the average cost, while topping $3, still would be less than the latest national average of $3.25 a gallon.

Legislative possibility: There is one tiny drop of hope for drivers.

The Georgia Legislature began a special session today, Nov. 28. The primary reason for the session is to redraw voting districts. The remapping effort was mandated by U.S. District Judge Steve Jones, who in October ruled that some of the state's congressional, state Senate, and state House districts were drawn in a racially discriminatory manner.

It's possible that Kemp could ask the legislature to suspend the tax again. Or, since by state law the suspension must end when state lawmakers are in session, Kemp could let it lapse and then suspend the fuel taxes again after the special session ends.

But since the fuel tax relief is so close to the finish line, most drivers should be prepared to pay more at the pump starting Nov. 30.

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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