Suspends motor vehicle fuel taxes in California for one year to lower gas prices.

California AB1745 suspends taxes on motor vehicle fuel for one year to provide immediate relief to motorists. The suspension applies to taxes under Sections 7360, 7362, 7363, and 7364 of the Revenue and Taxation Code. Savings from the suspension must be passed on to end consumers, with violations considered unfair business practices. The Controller must calculate the lost revenue and adjust the tax rate to maintain revenue neutrality. The act is deemed urgent for public peace, health, and safety.

Suspends motor vehicle fuel taxes in California for one year to lower gas prices.

California AB1745 suspends taxes on motor vehicle fuel for one year to provide immediate relief to motorists. The suspension applies to taxes under Sections 7360, 7362, 7363, and 7364 of the Revenue and Taxation Code. Savings from the suspension must be passed on to end consumers, with violations considered unfair business practices. The Controller must calculate the lost revenue and adjust the tax rate to maintain revenue neutrality. The act is deemed urgent for public peace, health, and safety.