New Jersey Gov. Chris Christie (R) signed into law on Oct. 14, legislation that will provide $16 billion in new state transportation funding over the next eight years. The 23 cents-per-gallon gas tax increase and 27 cents-per-gallon diesel tax increase will go into effect on Nov. 1. The governor also rescinded the July 8 executive order that halted all non-essential, state-funding transportation projects.
“Through this legislation, we are continuing our commitment to providing tax relief for working New Jerseyans of all income levels, senior citizens, military veterans and property owners, while ensuring solid, reliable, state-of-the-art roads, bridges and mass transit systems,” said Christie. “Over the next eight years, a record $32 billion in state and federal funds will be invested in infrastructure improvements and modernizations in New Jersey. This compromise legislation locks in what I called for from the beginning: tax fairness for all residents, leading to a more affordable state and an improved economy.”
Read a summary of the legislation.
New Jersey had not increased the state gas tax since 1988, and is the only state to increase motor fuel taxes so far in 2016. New Jersey is the 17th state to increase state motor fuel taxes for transportation funding since 2013. To learn what other states have passed, read ARTBA-TIAC’s roundup, “2013-2016 Approved Legislation to Increase Motor Fuel Taxes“, or visit the “Successful Legislative Campaigns Case Studies“.
To view all state transportation funding legislation introduced throughout the country in 2016, visit the “State Legislation” page.