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    California State Board Of Equalization Passes New Gas Tax, 3-2 Vote

    The California State Board of Equalization (BOE) passed a new gas tax with a 3-2 vote Thursday that raises the excise tax on gasoline another 3.5 cents effective Jul. 1.

    In March 2010, Governor Arnold Schwarzenegger signed two fuel tax measures (ABX8 6 and SB 70) which adjusted the rates of the sales and excise tax on gasoline that would help close a gap and balance the budget in 2010.

    “This tax swap was the only way that they could take the money from the road fund to try and balance the budget in 2010,” said George Runner, Member of the State Board of Equalization.