By Mark Glover
Published: Tuesday, Feb. 25, 2014 – 11:50 am

The state Board of Equalization today approved lowering the statewide excise tax rate on gasoline by 3.5 cents.

The 5-0 vote at the BOE’s meeting in Culver City means that the tax will decrease from 39.5 cents to 36 cents effective July 1, and remain in place until June 30, 2015.

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