FOR IMMEDIATE RELEASE: December 1, 2014
CONTACT: Betsey Hodges @ 916-651-4001 (o), 916-207-2600 (c)
Senator Gaines Moves To Kill Hidden Gas Tax
SACRAMENTO – Senator Ted Gaines (R-Roseville), Vice Chair of the Senate Committee on Transportation and Housing, today introduced legislation that would immediately suspend the impending spike in gasoline prices scheduled for January 1.
“Families and businesses are all experiencing the benefits of lower gas prices in our state, and I don’t want to see them disappear for some ill-defined environmental goals,” said Senator Gaines. “This new tax creates one gigantic slush fund for politicians to use on their pet projects like the $250 million per year that has already been allocated to high speed rail. What about improving California roads, which rank among the worst in the nation?”
The hidden gas tax results from the expansion of California’s cap-and-trade program to include gasoline and diesel fuels. This program will require fuel producers to purchase emission allowances for every gallon of fuel sold in California. Consumer fuel prices will increase as a direct result of this program.
Beginning January 1, 2015, the tax will go into effect and is expected to increase the cost to fill up your tank between 16 and 76 cents a gallon. That could mean an additional $5-7 per fill-up for most families. Senate Bill 1 would immediately suspend that increase for the next decade, saving individuals and businesses money and giving technology an opportunity to catch up.
“California already has the highest gas taxes in the nation at about $0.70 a gallon. And now we’re asking the state’s working families and small businesses to dig even deeper into their pockets. When is enough, enough?” said Senator Gaines. “There is a way to meet our clean air goals without making families foot the bill and I hope my colleagues in the Legislature agree by supporting my legislation.”
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Senator Ted Gaines represents the 1st Senate District, which includes all or parts of Alpine, El Dorado, Lassen, Modoc, Nevada, Placer, Plumas, Sacramento, Shasta, Sierra and Siskiyou counties.