California legislators proposed on Thursday a $400 rebate for residents to offset high gas prices at the pump.
Legislators, mostly Democrats, proposed using $9 billion from California’s $45 billion budget surplus to fund rebates that would cover 51 cents per gallon of state gas tax for a 15-gallon car’s fill-ups for an entire year, Sfgate report.
“Many Californians are feeling severe financial pain at the pump and looking to California’s leaders for help,” Assemblywoman Cottie Petrie-Norris (D-Irvine), who led the initiative, said.
“We believe a rebate is the best approach to directly put money in people’s pockets.”
Who Qualifies for the Rebate and How You Will Spend that Money?
The surprising thing is that this rebate would not only be available to drivers. As a resident, you would not have to show proof of car ownership or provide receipts for gas purchases.
At this time, according to a report, all residents (in California and other major par of U.S.) are experiencing a hit from inflation and rising living costs.
As a result, the proposed rebate states that anyone filing taxes in the state will be eligible to receive $400 if the proposal passes.
The proposal is seen as a possible alternative to suspending the country’s highest gas tax.
Republicans in the state have argued for cutting the gas tax entirely.