AB 1058
Motor Vehicle Fuel Tax Law: suspension of tax.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
Transportation
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill temporarily suspends the state’s motor vehicle fuel tax for one year. It requires sellers to provide receipts showing the tax that would have been applied to fuel purchases and mandates that any savings realized by businesses other than consumers be passed on to those consumers. The bill also directs the state controller to transfer funds from the General Fund to the Motor Vehicle Fuel Account to cover the lost revenue during the suspension period.
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