CA AB1058

Suspends all California motor vehicle fuel taxes (totaling approximately 50+ cents per gallon) for one year starting immediately upon enactment

Requires all fuel tax savings to be passed on to end consumers; failure to do so constitutes an unfair business practice subject to enforcement under California's unfair competition laws

Mandates fuel sellers provide receipts showing the amount of tax that would have been charged without the suspension

Directs the Controller to transfer General Fund money equal to the 2023-24 fiscal year fuel tax collections (adjusted for inflation) to the Motor Vehicle Fuel Account within 60 days to replace lost transportation revenue

Declared an urgency statute requiring a 2/3 vote, taking effect immediately to provide relief to California motorists