Democratic lawmakers are calling for a new tax on oil removed from the ground in California – with the money going toward state parks and higher education.
Senator Noreen Evans is one of the bill’s co-authors. She says the revenue would fill two of the state’s most critical funding needs. And she says California is the only oil-producing state in the nation without an oil severance tax.
“This is not a tax on taxpayers, and studies have shown that an oil extraction tax does not contribute to the cause of gasoline at the pump.”