Prohibits NJTA from passing credit card processing fees to toll payers.
If enacted, S2928 will require the NJTA to incorporate the costs of processing electronic transactions into its operating budget rather than charging individual toll payers. This change could lead to a more favorable experience for motorists and contribute to the overall efficiency of toll collection mechanisms. Additionally, it affirms and codifies a practice that the NJTA has already been following, underlining its commitment to fair billing practices for consumers.
Senate Bill S2928, introduced in the 220th Legislature of New Jersey, aims to prohibit the New Jersey Turnpike Authority (NJTA) from passing on credit card processing fees to toll payers. The primary intent of the bill is to ensure that customers using electronic payment methods, such as credit cards and E-ZPass accounts, are not charged additional fees for these transactions. This legislation seeks to protect toll users from hidden costs associated with toll payments, thus enhancing the transparency of toll pricing practices in New Jersey.
While S2928 appears to have broad support, the discussion around its implementation might invoke scrutiny regarding the allocation of funds within the NJTA. Key points of contention could emerge about how the NJTA manages its budget and the implications of funding processing fees through operational resources rather than toll adjustments. Ensuring fair treatment for toll customers must be balanced with the economic realities of maintaining and operating toll infrastructure, potentially leading to debates on sustainability and fiscal responsibility.