Suspends the imposition of the tax on motor vehicle fuels for one year.
Suspends the imposition of the tax on motor vehicle fuels for one year. Requires that all savings realized based on the suspension of the motor vehicle fuels tax by a person other than an end consumer, as defined, be passed on to the end consumer, and would make the violation of this requirement an unfair business practice, in violation of unfair competition laws, as provided. Requires a seller of motor vehicle fuels to provide a receipt to a purchaser that indicates the amount of tax that would have otherwise applied to the transaction. Directs the Controller to transfer a specified amount from the General Fund to the Motor Vehicle Fuel Account in the Transportation Tax Fund. By transferring General Fund moneys to a continuously appropriated account, this bill would make an appropriation.
Declares that it is to take effect immediately as an urgency statute.
Pending Committee referral.
12/05/2022 Read first time.