Will NJ Electric Vehicle Owners Be Asked to Pay Equivalent of Gas Tax?

njspotlightnews.org

It’s a key question as reauthorization of state Transportation Trust Fund is due next year.

Gov. Phil Murphy’s administration wants to phase out the sale of gasoline-powered cars in response to concerns about emissions and climate change, while New Jersey still relies heavily on taxes on motor fuels to fund major transportation-infrastructure investments.

How the state government balances these two important transportation policies is among the key questions for Murphy and lawmakers as work is expected to begin in earnest on a reauthorization of New Jersey’s multibillion-dollar Transportation Trust Fund in the new year.