After eschewing a staff recommendation to reduce the gas tax rate 7.5 cents per gallon, the State Board of Equalization voted unanimously to set the rate to reflect a 6-cent reduction. The new rate of 30 cents per gallon will take effect July 1.
The Assembly Revenue and Taxation Committee met February 23 for an informational hearing in which representatives of the state tax agencies presented committee members with a broad overview of their work and responsibilities.
By CalTax Fiscal Policy Director Therese Twomey
Analyst Urges New Approach for Funding School Facilities, Following $120 Billion of Bonds and Fees During Period With Flat Enrollment
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The California Taxpayers Association is a nonpartisan, nonprofit organization founded in 1926 to protect taxpayers from unnecessary taxes and to promote government efficiency. We serve our members through research and advocacy on significant tax and spending issues in the legislative, executive and judicial branches of government.