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CA ABX18
Bill
Status
Failed
11/30/2016
Primary Sponsor
David Chiu
Click for details
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