California Revenue and Taxation Code

§ 7360

RTC § 7360 Effective Apr 28, 2017Div. 2 · Part 2 · Ch. 2

Statute text

(a)(1) A tax of eighteen cents ($0.18) is hereby imposed upon each gallon of fuel subject to the tax in Sections 7362, 7363, and 7364.

(2)If the federal fuel tax is reduced below the rate of nine cents ($0.09) 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), on and after the date of the reduction, shall be recalculated by an amount so that the combined state rate under paragraph (1) and the federal tax rate per gallon equal twenty-seven cents ($0.27).

(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 so exempt under this section.

…

Legislative history

Amended by Stats. 2017, Ch. 5, Sec. 25. (SB 1) Effective April 28, 2017.