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CA ABX18

Bill

Status

Failed

11/30/2016

Primary Sponsor

David Chiu

Click for details

Origin

State Assembly

2015-2016 Session

AI Summary

  • Increases the additional sales and use tax rate on diesel fuel from 1.75% to 5.25%, effective July 1, 2016
  • Applies to both retail sales tax (Section 6051.8) and use tax (Section 6201.8) on diesel fuel
  • Net revenues from the increased tax are transferred quarterly to the Public Transportation Account in the State Transportation Fund for public transit purposes
  • Requires a 2/3 supermajority vote in both houses of the Legislature due to constituting a tax increase under Article XIII A
  • Takes effect immediately as a tax levy

Legislative Description

Diesel sales and use tax.

Last Action

Died at Desk.

11/30/2016

Full Bill Text

No bill text available