California – BOE Considers Lowering Gasoline Excise Tax Rate for Third Year in a Row

SALT Report 3769 – The California State Board of Equalization (BOE) will consider lowering the excise tax rate for gasoline by 2.2 cents for Fiscal Year (FY) 2016-17 during its February 23, 2016 meeting in Culver City. If adopted, the excise tax rate on gas will be 27.8 cents per gallon from July 1, 2016 through June 30, 2017. The current excise tax rate of 30 cents per gallon remains in effect until June 30, 2016.

For further Information:

http://www.boe.ca.gov/news/2016/11-16-G.htm