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Heating tax break

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December 19, 2005

Albany--Good news tonight if you're worried about high heating costs this winter. Governor Sonny Perdue signed an executive order that will slash the state's sales tax on gas for residential heating.

The tax rate will go from four percent to two percent. It will be in effect from January through April for natural gas and January through March for liquid propane.

In Albany, Modern Gas customers now pay $2.09 a gallon for propane. Last year, the cost was a $1.59.

The owner say a tax break would bring needed relief to its nearly four-thousand customers.

"This year with the price of propane and all heating fuels having gone up like they have, I think customers will really appreciate the discount," say Steven Holloway.

The tax break is expected to save taxpayers 16 to 20 million dollars this winter. The executive order still requires approval of the General Assembly.

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