As reported by the San Francisco Chronicle:
SACRAMENTO — Gov. Jerry Brown signed into law Friday a bill that will raise $52 billion in new taxes and fees to pay for the state’s roads and bridges.
Brown signed SB1, as he was expected to, without any fanfare or ceremony. He also gave final approval to two companion bills that were needed to lure reluctant lawmakers to support the transportation bill.
Under SB1 the state’s gas excise tax, which is currently 18 cents, will increase by 12 cents per gallon. The excise tax on diesel fuel, which is used by the commercial trucking industry, will increase by 20 cents a gallon to 36 cents. The diesel sales tax also will rise to 5.75 percent from 1.75 percent. Those increases begin Nov. 1.
Beginning Jan. 1, vehicle registration fees will increase by $25 to $175 depending on the value of the vehicle. Owners of zero-emission vehicles will begin paying an additional $100 annual fee beginning in 2020. …


Speak Your Mind