Maryland motorists will have to dig a little deeper at the gas pump starting July 1.
The state tax rate of a gallon of gas will increase to 47 cents per gallon, an increase of more than 10% compared to the current rate. Over the last two years, the rate has increased by 30% due to inflation and surging fuel prices.
Owners of diesel-powered vehicles will experience a similar increase with the state gas tax increasing from nearly 43.5 cents per gallon to nearly 47.8 cents per gallon on July 1. Over the last two years, the state tax on diesel has increased by more than 29%.
“The fact that in a Maryland economy that Governor Moore himself has recognized isn’t performing well, Democratic leaders are OK with allowing large automatic tax raises to occur that will cost the average Maryland family hundreds of dollars per year and raise costs and prices for many small businesses is beyond disappointing,” said House Minority Leader Jason C. Buckel (R-Allegany).