Columbia Gas Rebate Tracker – The concept of gas rebate cards has been debated in Washington for some time and may provide individuals with financial relief particularly as gas prices reached $5/gallon this week. However according to a White House official says the Biden administration won’t advocate the idea of a rebate program because it’s hard to administer and require Congressional approval. The gas rebate card might be a good temporary fix however there are a number of problems to be dealt with before it can be an actual reality for American customers.
Columbia Gas Rebate Tracker from Federal Government
The federal government hasn’t taken up the Gas Rebate Bill of 2022 yet, but it is considering such plans, and certain states and cities have already approved legislation for it. Inflation rebates are meant be used to assist consumers in coping price increases. While it is not a federal program the majority of the rebates offered are issued by state governments from surpluses. The federal government must consider this type of scheme as a way to address the current high prices of gas and other items.
Some states have tried to reduce their gas tax and are also considering the residents of those states with refunds. Some states, including New York, are considering stopping the gas tax entirely or offering small rebates. Governor New York has also proposed tax reductions for renters and homeowners who pay gas prices at or above thresholds of federal minimum. Governor Brown has also proposed reducing the tax on gas by half when the price of unleaded gasoline reaches $4.51 per gallon in summer. A few political figures in New York state have also supported the suspension of the state gas tax of 33.3 cents per gallon.
They aren’t accessible in all states.
Although the federal government has not trying to put together any type of stimulus plan, state lawmakers and President Biden have presented a variety proposals to help consumers. These include a three-month fuel tax exemption. As of late June the proposal is not being contemplated by Congress. It will take a few months before gas rebates begin to be distributed across all states. Although the President has been able to propose an annual gas tax holiday across the country, he has not found an acceptable legislation to finance it.
They are controversial
In spite of the politics surrounding the idea that gas rebate cards can be one of many ways to assist Americans cope with the costs of fuel. But, they’ve had to face some opposition. A couple of months ago House Democratic counsel opposed the scheme, stating that the plan could lead to inflation and was too expensive, it wasn’t targeted sufficiently. Prior to that, important White House aides raised concerns about the rebate cards because there was a shortage of microchips.