Maryland’s top legislative leaders said Wednesday that the state cannot afford to miss out on $200 million in new funding for roads, bridges and transit projects provided by an upcoming automatic increase in the state’s gas tax, effectively guaranteeing higher pump prices starting July 1.
The decision followed calls from other top state officials in recent days for the General Assembly to hold an emergency special session to address the tax, which is tied to inflation and will increase about 7 cents per gallon as drivers are watching gas prices climb to record levels.
The change will push the tax from around 36 cents to about 43 cents per gallon. The average price of a gallon of regular gas Wednesday was $4.60 both in Maryland and nationally, according to the automotive group AAA.
Click here to read the rest of the article written by Sam Janesch over at The Baltimore Sun
