California lawmakers to propose $400 gas rebate

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California lawmakers to propose $400 gas rebate
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As gas prices continue to soar, several California lawmakers are expected to announce a $400 gas rebate proposal Thursday for every taxpayer in the state.

California Gov. Gavin Newsom proposed a tax rebate amid record-high prices at the pump. He announced the plan in his State of the State address.

A press release from the office of Assemblywoman Cottie Petrie-Norris claims a rebate is better option than suspending the gas tax, saying that would impact funding for transportation projects and"offers no guarantee that oil companies would pass on the savings to consumers."

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