New California Gas Tax to Go Into Effect on Nov. 1

The summer-driving season is over, but drivers across California will see an increase in prices at the pump starting on Nov. 1.

That's because a statewide gas tax will go into effect.

The new tax equates to a 12-cents-per-gallon increase for most drivers. Diesel users will have to pay 20 cents more per gallon.

Gas taxes, which will likely bring in an extra $5 billion, will be utilized for state and local projects.

By 2017, nearly 77 cents of every dollar drivers spend on gas will actually pay for some sort of tax, with California cashing in on 58 cents of that number.

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