summary
Introduced
12/05/2022
12/05/2022
In Committee
Crossed Over
Passed
Dead
03/27/2023
03/27/2023
Introduced Session
2023-2024 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, making an appropriation therefor, and declaring the urgency thereof, to take effect immediately.
AI Summary
This bill would suspend the imposition of the motor vehicle fuel tax in California for one year. It requires that any savings realized by parties other than the end consumer be passed on to the end consumer, and makes the violation of this requirement an unfair business practice. The bill also directs the Controller to transfer a specified amount from the General Fund to the Motor Vehicle Fuel Account in the Transportation Tax Fund to offset the revenue loss from the tax suspension. The bill declares itself an urgency statute to take immediate effect in order to lower gas prices and provide relief to California motorists.
Sponsors (9)
Juan Alanis (R)*,
Vince Fong (R)*,
Josh Hoover (R)*,
Phillip Chen (R),
Megan Dahle (R),
Devon Mathis (R),
Joe Patterson (R),
Kate Sanchez (R),
Marie Waldron (R),
Last Action
Died at Desk. (on 03/27/2023)
Taxonomy
Macroeconomics
- ‐ National Budget and Debt
- ‐ Price Control and Stabilization
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=2023202412ABX12 | 12/06/2022 |
| BillText | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202320241AB2#99INT | 01/01/2023 |
Loading...