California Revenue and Taxation Code

§ 60050

RTC § 60050 Effective Jan 1, 2019Div. 2 · Part 31 · Ch. 2

Statute text

(a)(1) A tax of sixteen cents ($0.16) is hereby imposed upon each gallon of diesel fuel subject to the tax in Sections 60051, 60052, and 60058.

(2)If the federal fuel tax is reduced below the rate of fifteen cents ($0.15) per gallon and federal financial allocations to this state for highway and exclusive public mass transit guideway purposes are reduced or eliminated correspondingly, the tax rate imposed by paragraph (1) shall be increased by an amount so that the combined state rate under paragraph (1) and the federal tax rate per gallon equal what it would have been in the absence of the federal reduction.

(3)If any person or entity is exempt or partially exempt from the federal fuel tax at the time of a reduction, the person or entity shall continue to be exempt under this section.

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Legislative history

Amended by Stats. 2018, Ch. 92, Sec. 203. (SB 1289) Effective January 1, 2019.