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Bill > AB3005


CA AB3005

CA AB3005
Motor Vehicle Fuel Tax Law: adjustment suspension.


summary

Introduced
02/16/2024
In Committee
03/11/2024
Crossed Over
Passed
Dead
11/30/2024

Introduced Session

2023-2024 Session

Bill Summary

An act to amend Section 7360 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.

AI Summary

This bill would authorize the Governor to suspend an adjustment to the motor vehicle fuel tax, which is scheduled to increase annually by the percentage change in the California Consumer Price Index. The Governor would be required to notify the Legislature and submit a proposal from the Department of Finance to maintain the same level of transportation funding if the scheduled adjustment is suspended. The bill would also update references in the law from the State Board of Equalization to the California Department of Tax and Fee Administration to reflect the transfer of duties between these agencies.

Committee Categories

Transportation and Infrastructure

Sponsors (17)

Last Action

Referred to Com. on TRANS. (on 03/11/2024)

Bill Topics

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
Transportation
  • ‐ General Transportation

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