Legislature sends Murphy bill to help renew TTF | NJ Spotlight News

Mar 19, 2024 · Legislation that calls for a new registration fee for zero-emission vehicles as part of efforts to renew New Jersey’s expiring Transportation Trust Fund cleared the Legislature on …

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Bill Signed To Raise NJ Gas Tax 2 Cents For Transit Projects

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Mar 26, 2024 · The TTF renewal will raise the gas tax about 2 cents per year for five years, raise the borrowing power to $15 billion from $12 billion, increase funding for county and local …

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New Jersey Alliance For Action Celebrates Five-Year Renewal Of ...

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March 26, 2024 – More than $10.5 billion of transportation infrastructure commitments became reality this morning when Gov. Murphy signed legislation reauthorizing the New Jersey …

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$600M Hike In Transportation Trust Fund Spending | NJ Spotlight …

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Aug 1, 2022 · New Jersey’s annual investments in the fund also generate federal matching funds that help stretch the state dollars that are allocated each year for infrastructure spending. The …

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State Moves Nearer To Debt-refinance Plan | NJ Spotlight News

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Jan 24, 2023 · A debt-refinancing plan projected to save nearly $100 million for the New Jersey Transportation Trust Fund won final approval from a key legislative oversight panel Monday. A …

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FAQs about Legislature sends Murphy bill to help renew TTF | NJ Spotlight News Coupon?

Will Murphy sign a bill to renew the state transportation trust fund?

The bill to renew the state Transportation Trust Fund is now awaiting Gov. Phil Murphy's signature after it cleared both legislative chambers Monday. The back-to-back votes come just two weeks after the bill was introduced. ...

Will a new gas tax increase go into effect if Murphy's Bill wins?

The same bill, which would renew the trust fund, or TTF, for another five years beginning July 1, also lays the groundwork for a series of modest increases in the state’s gasoline tax that would go into effect annually — if the bill wins Murphy’s signature. ...

Will New Jersey revive TTF?

NJ Legislature send governor bill that would raise gas tax, introduce registration fees for zero-emission vehicles, looking to revive TTF. ...

Will Murphy reauthorize the TTF?

With Diane Gutierrez-Scaccetti by Murphy’s side as his new chief of staff and outgoing commissioner of the Transportation Department, rumors circulated after the November election that reauthorizing the TTF would be a priority to get done during lame-duck, but that didn’t happen, nor was it mentioned in Murphy’s budget speech last month. ...

Why is New Jersey considering a TTF-renewal bill?

Consideration of the TTF-renewal bill comes amid a period of high inflation that experts say has increased how much it costs to maintain New Jersey’s vast road, bridge and rail network. ...