Time to fill up, CA gas tax takes effect next week

California's gas tax hike takes effect next week as the state looks to raise billions of dollars for transportation projects.

Starting Wednesday the statewide tax on gasoline will jump by 12 cents per gallon.

The tax increase was part of a bill signed into law by Governor Brown in April.

It will also increase vehicle license fees starting January 1.

The bill is expected to raise about $5 billion a year to fund state and local transportation projects ranging from fixing potholes to reducing congestion on major highways.