Newsom tweeted that it's 'time to enact a windfall profits tax directly on oil companies that are ripping you off at the pump.'
California Gov. Gavin Newsom is calling for a special legislative session Dec. 5 to hold "greedy" oil companies accountable amid rising gas prices.California Gov. Gavin Newsom said Friday he will call a special session of the state Legislature in December to pass a new tax on oil companies as punishment for what he calls "rank price gouging."
Kevin Slagle, vice president for the Western States Petroleum Association, said "a better use of the special session would be to take a hard look at decades of California energy policy and what they mean to consumers and our economy." "We're going to get the money back that have been gouging and taking back from hard working Californians," Newsom said. "There are many different ways of doing this."
The Legislature's top two leaders - Senate President Pro Tempore Toni Atkins and Assembly Speaker Anthony Rendon - said in a joint statement that lawmakers "will continue to examine all other options to help consumers." The California Legislature usually meets between January and August, where they consider bills on a variety of topics. The governor has the power to call a special legislative session at any time by issuing a proclamation. When convened in a special session, lawmakers can only consider the issues mentioned in that proclamation.
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