CONCORD, N.H. (AP) – The top two Republicans in the New Hampshire House are proposing a plan to temporarily bring down the cost of gasoline.
Speaker William O’Brien and Majority Leader D.J. Bettencourt on Thursday announced legislation that would reduce the tax on gasoline the state imposes to pay for road work from 18 cents per gallon to 13 cents a gallon. They plan to attach the measure to legislation being considered by the House. It would still require approval of the Senate and governor, and there would be no guarantee that oil companies would then lower their prices.
O’Brien said the temporary tax cut would be paid for out of the car registration surcharges, which Republican lawmakers want to end on June 30.
(Copyright 2011 by The Associated Press. All Rights Reserved.)