Nov 8 2018 45756 1 Californias Gas Tax Increase Is Here To Stay

Dated: 11/08/2018

Views: 52

Supported by Brown and mainly Democratic lawmakers, the plan raised the excise tax on gasoline by 12 cents per gallon and the excise tax on diesel by 20 cents per gallon, and tripled the sales tax on diesel.

It also created a new “transportation improvement fee” for vehicle registration, ranging from $25 to $175 depending on its value, and a $100 “road improvement fee” for electric cars. All of those charges rise with inflation in the years ahead.


The new taxes and fees are expected to generate an average of more than $5 billion annually over the next decade. Most of that is slated for road rehabilitation and maintenance — half for state highways, half for city and county streets — with an ambitious goal of having at least 98 percent of highway pavement in good or fair condition by 2027. About a quarter of the money is designated for other purposes, such as upgrading bus and light-rail systems and reducing traffic on some of the most heavily-congested travel corridors

Want to Advertise on this Site?

Latest Blog Posts

Surprising Reasons Why Renting Costs You More

These excellent tips about the surprising but true costs of renting versus buying a home are brought to us today by guest blogger Sumer Lopes of Summit Funding in Elk Grove. What does it really

Read More

NezMakingNeighbors 2019 Tips And Hacks To Redecorate Your Home

New Year, New Home Decor? 8 Cheap, Easy Hacks to Redecorate Your HouseBy Jennifer Geddes | Jan 17, 2019 OlgaMiltsova/iStockBlame it on postholiday doldrums, or the bitter cold, or

Read More

Buyers Market For Millennials

2019 a buyer's market for real estate as millennials buckle down: TruliaBy Julia LimitonePublished January 10, 2019Real EstateFOXBusiness As housing trends begin to shift, so

Read More

California Renters Still Dream Of Homeownership

According to a study released by the California Association of Realtors (CAR) last month, renters in California are still optimistic about eventually owning a home. The study reports that

Read More