After weeks of talks, state lawmakers are told there is a tentative agreement on California gas tax relief between GavinNewsom and legislative leaders. It includes refunds of as much as $1,050, but officials caution that the deal isn’t final.
The cost of gas at an ARCO station in Oakland on May 25, 2022. Photo by Martin do Nascimento, CalMattersAfter weeks of talks, state lawmakers are told there is a tentative agreement on California tax relief between Gov. Newsom and legislative leaders. It includes refunds of as much as $1,050, but officials caution that the deal isn’t final.By clicking subscribe, you agree to share your email address with CalMatters to receive marketing, updates, and other emails.Gov.
The plan is part of a broader $300 billion budget deal that state leaders continue to negotiate ahead of the July 1 start of the fiscal year. Anthony York, a spokesperson for Newsom, reiterated that point, denying there was a deal because details could still change until a final budget compromise is publicly announced.Under the plan, households making as much as $75,000 for individuals or $150,000 for joint filers would receive $350 per taxpayer, plus an additional $350 if they have at least one dependent. So a single parent would receive $700 and two-parent families would receive $1,050.
Differences in proposed spending for universities, housing and social safety net programs, as well as the details of a major climate package, lingered as the Legislature. But the biggest holdup to a bargain, which must go into print by Monday in order to pass before lawmakers leave for summer recess at the end of the month, has been the dispute over direct financial assistance for taxpayers.
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