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Bill > AB2457


CA AB2457

CA AB2457
Motor Vehicle Fuel Tax Law: suspension of tax.


summary

Introduced
02/17/2022
In Committee
05/16/2022
Crossed Over
Passed
Dead
08/31/2022

Introduced Session

2021-2022 Session

Bill Summary

An act to amend Sections 7360, 7362, 7363, and 7364 of, and to add Section 7374 to, the Revenue and Taxation Code, relating to taxation, and making an appropriation therefor.

AI Summary

This bill suspends the imposition of the motor vehicle fuel tax in California for one year. It requires any savings realized by parties other than the end consumer to be passed on to the end consumer, and makes any violation of this requirement an unfair business practice. The bill also directs the State Controller to transfer an amount equal to the previous year's fuel tax revenue, adjusted for inflation, from the General Fund to the Motor Vehicle Fuel Account. This transfer is continuously appropriated to fund transportation-related expenditures.

Committee Categories

Agriculture and Natural Resources

Sponsors (11)

Last Action

Re-referred to Com. on AGRI. (on 05/16/2022)

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