New York state
has suspended its
gas tax temporarily, and many in New Jersey now wonder
when they will find relief.
The news comes
as the national average for gas broke another record today. New Jersey is well-above
the national average.
New York officially suspended its
gas tax through the end of 2022. It is expected to save drivers about 16
cents per gallon. New York legislators say that this will lead to $600 million
in savings for New York residents. The legislation also allows individual New
York counties to reduce their local gas taxes.
Rockland County – near New
Jersey's border – has capped the local sales tax at $2. This means that only
the first $2 of gas going into a vehicle's tank will be taxed at the
county level. This will run through February.
"I don't go
to New York just because it's cheaper, because there is a toll that
I have to take in consideration, but if I'm driving there and I need gas
and it's cheaper, of course we buy cheaper,”
says Carlos Meaciel, of Newark.
News 12 reached
out to Gov. Phil Murphy's office to see if there is a chance the Garden State
might suspend the gas tax.
The Murphy administration pointed
to a proposed state budget that prioritizes affordability for residents in
other ways, including property tax relief programs and increased funding to
schools.
The governor's office responded
in a statement, "While the state is currently reviewing options to provide
relief for residents facing rising inflation, [Gov. Murphy] continues to
support federal action to temporarily waive the gas tax."
That's the federal
portion, which equates to about 18 cents per gallon.
News 12 is told New Jersey's state gas tax revenues are
constitutionally tied to the Transportation Trust Fund, so waiving the cost now
would create budgetary shortfalls that would need to be funded by other revenue
streams.
In New Jersey, 42
cents a gallon goes toward the state gas tax - compared to the
average state portions of 27 cents per gallon nationwide.