Framing Analysis
California's state excise tax on gasoline increases from 61.2 cents to 63.4 cents per gallon effective July 1, 2024, pursuant to inflation indexing in SB 1. Total taxes and fees on gasoline are reported at approximately $1.20 per gallon. The adjustment occurs ahead of the July Fourth weekend and follows the 2017 enactment of SB 1 by former Gov. Jerry Brown and the Legislature.