Oil Severance Tax Proposed; Would Fund Calif. Parks, Higher Ed
By Ben Adler
Tuesday, February 12, 2013

CPR file photo/Andrew Nixon
Listen Now:
A tax on oil removed from the ground in California would pay for state parks and higher education under a bill just introduced by Democratic lawmakers. It could be one of the most contentious policy debates this year at the Capitol.

State Senator Noreen Evans says an oil severance tax is long overdue.

Evans: "The state of California is the only oil-producing state in the nation that does not have this tax.  California is way behind the eight-ball on this."

Evans says the state's higher education and parks systems have each endured deep budget cuts and have great need for the measure's projected $2 billion a year in revenue.

Republican Senator Jean Fuller says this is not the time for a new tax on a specific industry after voters approved Proposition 30 last fall.

Fuller: "We've been given a reprieve by the taxpayers with these new taxes.  Let's use them efficiently and wisely - and maybe tighten our belt just a little bit for the moment."

As a tax measure, the bill would need two-thirds votes in both chambers and Governor Jerry Brown's signature.  Brown and some moderate Democratic lawmakers have said they're reluctant to raise more taxes right now.




Share   | Back