News From Trenton · November 19, 2024

Will NJ Gas Tax Rise? Stay Tuned

Credit: Image by andreas160578 from Pixabay

njspotlightnews.org

New Jersey motorists should know within a matter of weeks whether the state’s per-gallon gas tax will go up at the start of the new year to help maintain planned spending on transportation infrastructure.

Under state law, a meeting of New Jersey’s top state-government finance officials is required to occur each year by mid-November to determine whether the fund that pays for ongoing road, bridge and rail investments will stay in balance under the current gas-tax rate.

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From NJ SEED: News From Trenton - November 19, 2024.