Md. Comptroller Urges Freeze In Gas Tax Over Holidays

Franchot: People need a break from high gas prices

By Kathy Banks
|  Thursday, May 26, 2011  |  Updated 11:38 AM EDT
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Md. Pol Urges Freeze in Gas Tax Over Holidays

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Gas prices across Maryland have fallen a dime over the last week. Now, the state’s top financial official wants to give drivers another break at the pump.

Maryland Comptroller Peter Franchot is calling for a freeze on the gas tax over long holiday weekends, according to WTOP.

"It's too late for Memorial Day, but for Labor Day or for the Fourth of July, I'm recommending that (lawmakers) declare a three-day tax holiday from the 23.5 cent gas tax that Maryland assesses," Franchot told the radio station.

He predicts that the freeze would cost the state $6 million over three days. But Franchot said it would be “a big boost for the state’s economy ... and give citizens a break (from high gas prices)," which are still hovering around $4 a gallon across the D.C. metro area.

Franchot also believes that revenue could be generated when drivers from other states come to Maryland to purchase cheap gas.

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