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Consumer

California Gas Tax To Rise 3.5 Cents Per Gallon In July

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(Frederic J. Brown/AFP/GettyImages)

(Frederic J. Brown/AFP/GettyImages)

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CULVER CITY (CBS / AP) — California regulators have ordered a 3 1/2 cent gas tax hike to take effect this summer.

The Sacramento Bee reported that the state Board of Equalization on Thursday voted 3-2 to increase at the end of its three day meeting in Culver City.

The state excise tax on a gallon of gas is now 39 1/2 cents a gallon.

The state Legislature passed a law in 2010 requiring the board to adjust the excise tax each March. The increase takes effect on July 1.

(Copyright 2013 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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