S 2931 New Jersey Senate · 2024-2025 Regular Session

Revises "New Jersey Transportation Trust Fund Authority Act," revises calculation of gas tax rate, and establishes annual fee for zero emission vehicles.

This bill proposes changes to New Jersey's transportation funding system. It revises how the state calculates the gas tax rate and establishes an annual fee for zero-emission vehicles (like electric cars). The fee would apply directly to owners of these vehicles, while the gas tax adjustment affects all drivers purchasing gasoline. These changes aim to generate revenue for transportation infrastructure projects without specifying particular projects or outcomes.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 4, 2024 Last action Mar 18, 2024
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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
Mar 11, 2024
Upper · Passed
Reported out of Senate Committee, 2nd Reading
upper
Mar 4, 2024
Introduced
Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
upper
2 primary · 0 co-sponsors

Sponsors