Legislature committees advance gas tax increase plan

New Jersey Senate and Assembly budget committees have voted to pass a bipartisan plan to raise the Garden State’s gas tax as a way to

A 23 cent gas tax increase may be on the way as a way to fund transportation projects.

A 23 cent gas tax increase may be on the way as a way to fund transportation projects. (6/23/16)

TRENTON - New Jersey Senate and Assembly budget committees have voted to pass a bipartisan plan to raise the Garden State’s gas tax as a way to replenish the state’s transportation trust fund.

The 23-cent gas tax increase would be used to fund transportation projects in the state. If approved by Gov. Chris Christie, the new tax on gas would be 37.5 cents per gallon. The tax also applies to jet fuel.

Legislators say that the gas tax increase is desperately needed in order to start new projects and repairs on the state's transportation system. They're relying on this bill to add billions to the state's transportation trust fund. That fund needs to be renewed this summer and the deadline to renew is approaching.

Although there has been talk about a gas tax increase to replenish the fund for months, word that the increase would be 23 cents was only recently announced.

Advocacy group Americans for Prosperity says that New Jersey residents are angry over the proposed increase.

“They are pissed, and they can’t believe how fast this is coming,” says Americans for Prosperity’s Erica Jedynak. “We didn’t have the actual bill until late last night. It was swapped out, and now there are amendments.”

The bill will also cut out New Jersey’s estate tax. Gov. Christie said he wouldn't support any plan that didn't have tax fairness. He has not said if he would sign this bill.

The bill will now go to the full Assembly and Senate for votes next week.

advertisement | advertise on News 12

Trending Video

VIDEO: News conference on arrest in murder of 1 VIDEO: News conference on arrest in murder of Sarah Butler
Khalil Wheeler-Weaver, 20, was charged with the murder 2 Arrest made in murder of college student found in W. Orange
Republican Steve Rogers announces he will run for 3 Republican Steve Rogers announces gubernatorial run
Dozens of fellow officers show up to support 4 Dozens show up to support fired Wayne police officer
5 VIDEO: Jersey City Pearl Harbor remembrance ceremony

advertisement | advertise on News 12

More News

New Jersey lawmakers unveil plan to raise gas Lawmakers unveil plan to raise fuel taxes for road funding

New Jersey lawmakers have unveiled a detailed, bipartisan plan to pay for road and bridge

NJ Transit is one of the agencies that Senators visit transit facility to weigh state needs

Lawmakers toured the New Jersey Transit facility in Kearny Tuesday to look at the transportation

New Jersey Republicans and Democrats clash over NJ lawmakers clash over ‘tax fairness’

New Jersey’s lawmakers are having a hard time agreeing on the issue of “tax fairness”

The Christie administration says that the Transportation Trust Christie administration: Road fund won't last beyond Aug.

New Jersey's top transportation official says that the state's fund for road and bridge work

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE