Suspends scheduled fuel tax adjustments to maintain transportation funding levels.

This bill suspends scheduled adjustments to the motor vehicle fuel tax to maintain the same level of funding for transportation purposes. The Department of Finance must submit a proposal to the Legislature by January 10 of the year of the scheduled adjustment. The Governor can suspend the adjustment if it would impose an undue burden on low-income and middle-class families. The bill also includes provisions for tax adjustments based on the California Consumer Price Index and ensures revenue neutrality.

Suspends scheduled fuel tax adjustments to maintain transportation funding levels.

This bill suspends scheduled adjustments to the motor vehicle fuel tax to maintain the same level of funding for transportation purposes. The Department of Finance must submit a proposal to the Legislature by January 10 of the year of the scheduled adjustment. The Governor can suspend the adjustment if it would impose an undue burden on low-income and middle-class families. The bill also includes provisions for tax adjustments based on the California Consumer Price Index and ensures revenue neutrality.