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For Immediate
Release
11/28/07
Contact:
Joe Pittman
(717) 787-8724
cell (724) 541-0552
Talking Points
Sen. White's Statement on Recall of Gas Tax
Hike Proposal
State Senator Don White, Chairman of the Senate Banking and Insurance
Committee, issued the following statement in response to Governor Rendell's
revocation of the Underground Storage Tank Indemnification Fund Board's proposed
1 cent increase in the state gas tax.
"The Governor has taken the correct step by recalling the proposal to
impose a 1-cent increase in Pennsylvania's gas tax to bolster the USTIF. At a
time when consumers are being hit hardest at the gas pump by ever-increasing
prices, the last thing the Administration needs to do is to increase this burden
by imposing any increase in Pennsylvania's gas tax.
"The severity of the fiscal crisis facing the USTIF fund is not completely
clear, but in any event the potential deficit is something that could occur many
years in the future. Even a study commissioned by the USTIF board states " …no
change in fees is necessary as the projection shows USTIF having positive Cash
and Invested Assets through the middle of the July 1, 2015-2016 fiscal year."
"It never made sense to impose a 1-cent increase in Pennsylvania's gas tax
to bolster the USTIF. I am glad the governor has reversed his Administration's
stance and made the right decision."
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