Future of Gas Tax Revenue Poses Questions for Transportation Trust Fund

wbgo.org

For the first time in eight years, New Jersey’s transportation trust fund, which helps pay for road work and a lot of other projects, has to be renewed — and by June 30.

The gas tax puts a lot of money into that fund, so the move toward electric cars raises some questions.

The state recently signed off on a rule (not a statute) banning the sale of new gasoline-powered cars in New Jersey beginning in 2035.