SB 1, which was signed by Gov. Jerry Brown aims to address a $59 billion backlog in deferred maintenance on state highways and $78 billion on local streets and roads. The bill would raise $52.4 billion over 10 years through increasing the state’s gas tax and vehicle fees. SB 1 raises gas taxes by 12 cents a gallon -- a 43 percent increase -- and diesel taxes from 16 cents per gallon to 36 cents. Diesel sales taxes would also rise.
Drivers will also face a new annual fee to be paid with their vehicle registration, ranging from $25 to $175 depending on the value of their vehicle. The taxes and fees would rise each year with inflation.
To raise a projected $52.4 billion over 10 years, the new fee: Transportation Improvement Fee (TIF): the fee will be based on the market value of the vehicle with the fee range described below:
• $25 per year for vehicles with a market value $0- $4,999
• $50 per year for vehicles with a market value $5,000 -- $24,999
• $100 per year for vehicles with a market value $25,000 -- $34,999
• $150 per year for vehicles with a market value $35,000 -- $59,999
• $175 per year for vehicles with a market value $60,000 and higher
plus a higher tax on fuel:
• A 12-cent increase in the gasoline excise tax
• A 20-cent increase in the diesel excise tax
• A 5.75 percent increase in the diesel sales tax
A new vehicle fee, which will annually charge drivers between $25 and $175, depending on the value of the vehicle. A $100 annual fee on zero-emission vehicles
http://www.acccdefender.org/accc-notices
However, the money doesn't all go to the highways, streets and roads. 80% goes to the general fund in the state budget, and will be wasted on anything else the state the 121 state politicians in Sacramento want to spend it on.
Drivers will also face a new annual fee to be paid with their vehicle registration, ranging from $25 to $175 depending on the value of their vehicle. The taxes and fees would rise each year with inflation.
To raise a projected $52.4 billion over 10 years, the new fee: Transportation Improvement Fee (TIF): the fee will be based on the market value of the vehicle with the fee range described below:
• $25 per year for vehicles with a market value $0- $4,999
• $50 per year for vehicles with a market value $5,000 -- $24,999
• $100 per year for vehicles with a market value $25,000 -- $34,999
• $150 per year for vehicles with a market value $35,000 -- $59,999
• $175 per year for vehicles with a market value $60,000 and higher
plus a higher tax on fuel:
• A 12-cent increase in the gasoline excise tax
• A 20-cent increase in the diesel excise tax
• A 5.75 percent increase in the diesel sales tax
A new vehicle fee, which will annually charge drivers between $25 and $175, depending on the value of the vehicle. A $100 annual fee on zero-emission vehicles
http://www.acccdefender.org/accc-notices
However, the money doesn't all go to the highways, streets and roads. 80% goes to the general fund in the state budget, and will be wasted on anything else the state the 121 state politicians in Sacramento want to spend it on.
Gotta pay for that train from SF to Bakersfield somehow. To hell with this state. Wife is 5th generation CA, I'm third, and we're out of here next year. And taking my business with me.
ReplyDeleteWhat the hell does anyone need a train to bakersfield for? How about a high speed train up the USA's west coast, and one from west coast to east coast, and one up the middle... sort of like a 5 speed shift pattern, or a big damn loop and to hell with the middle of the country, no one wants to go to Nebraska anyway, but it sure would be good to tell the airlines go to hell, hop on a fast train, and see Seattle, San Fran, a Vacation in Florida for the kids to see Disneyworld, or the Smithsonian.
DeleteWell, sorry to hear you're outta hear Larry, the place will be no damn good without you!