Revises "New Jersey Transportation Trust Fund Authority Act"; extends process for calculating gas tax rate until Fiscal Year 2032; imposes sales and use tax and additional registration fee on electric vehicles; appropriates $2.5 billion.
Revises "New Jersey Transportation Trust Fund Authority Act," revises calculation of gas tax rate, and establishes annual fee for zero emission vehicles.
Revises "New Jersey Transportation Trust Fund Authority Act," revises calculation of gas tax rate, and establishes annual fee for zero emission vehicles.
Incorporates boardwalks into transportation local aid program and provides for Local Aid Infrastructure Fund grants to boardwalk projects.
Incorporates boardwalks into transportation local aid program and provides for Local Aid Infrastructure Fund grants to boardwalk projects.
Incorporates boardwalks into transportation local aid program and provides for Local Aid Infrastructure Fund grants to boardwalk projects.
Imposes additional annual registration fee for electric vehicles; reduces rate of highway fuel taxes; authorizes DOT to conduct alternative revenue feasibility study.
Imposes additional annual registration fee for electric vehicles; reduces rate of highway fuel taxes; authorizes DOT to conduct alternative revenue feasibility study.
Credits $5.2 billion to "New Jersey Debt Defeasance and Prevention Fund"; appropriates $2.9 billion to NJ Schools Development Authority, NJ DOT, and NJT; and establishes process for authorizing future appropriations for debt defeasance and capital projects.
Appropriates $50,640,229,000 in State funds and $24,082,639,850 in federal funds for the State budget for fiscal year 2022-2023.