Sacramento Press / Funding California's Future:
"Times are tough for college students in California.
State grants are being cut drastically due to budget cuts and Furloughs are closing down entire campuses on non-holidays. It is looking grim for the future of higher education.
Assembly Bill 656, introduced by Majority Leader Alberto Torrico, proposes a gas and oil severance tax in California that could make for a brighter future.
AB 656 was introduced on Feb. 25 and had minor alterations since, the last being on July 7. Currently states with oil supplies, such as Alaska and Texas, have oil severance taxes that help fund higher education and proponents of AB 656 are looking to do the same."
"Times are tough for college students in California.
State grants are being cut drastically due to budget cuts and Furloughs are closing down entire campuses on non-holidays. It is looking grim for the future of higher education.
Assembly Bill 656, introduced by Majority Leader Alberto Torrico, proposes a gas and oil severance tax in California that could make for a brighter future.
AB 656 was introduced on Feb. 25 and had minor alterations since, the last being on July 7. Currently states with oil supplies, such as Alaska and Texas, have oil severance taxes that help fund higher education and proponents of AB 656 are looking to do the same."
