Sunbelt Finance american-963191_1920 California fuel tax increase begins Industry News

California fuel tax increase begins

November 1st is the first day of California’ large fuel tax increase. Starting Wednesday, there will be a 12¢ jump in the gasoline excise tax and a 20¢ increase in diesel fuel excise tax. The diesel fuel sales tax rate will also go from 1.75% to 5.75%.

The new law will see drivers in California paying 47.3¢ per gallon for gasoline and 36¢ per gallon on diesel. The 36¢ on diesel does not include the diesel sales tax amount.

So far in 2017, seven states have increase fuel taxes (California, Indiana, Montana, South Carolina, Oregon, Tennessee and West Virginia).

See the article at Freight Waves for more information.

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