Newsom proposes bigger gas rebate for Calif.: What you would get

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Newsom proposes bigger gas rebate for Calif.: What you would get
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Under Newsom's proposal, registered vehicle owners could receive up to $800 in rebates.

FILE - Gas prices in California are the highest in the country. Pictured is a board outside a gas station in Bolinas, Calif., on Nov. 18, 2021.There has been a lot of talk recently among politicians about a gas rebate for people living in California, where prices at the pump are the highest in the country.

On Wednesday, Gov. Gavin Newsom unveiled the latest proposal. In a nutshell, Newsom proposed an $11 billion tax refund that includes $400 gas rebates and free rides on public transit. Under Newsom's proposal, registered vehicle owners could receive up to $800 in gas rebates. The plan is to send $400 debit cards to vehicles owners for up to two cars. People who own electric or other vehicles that don't use gasoline would qualify. Most businesses with fleets of vehicles would also not be eligible. Newsom said the rebates alone would cost the state about $9 billion.

“That direct relief will address the issue that we are all struggling to address, and that’s the issue of gas prices,” he said. Regular grade gas is a state record-breaking $5.88 per gallon in California, about $2 more than a year ago, according to AAA.- $400 per registered car

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