State Sen. Steven Oroho (R-24) wants the governor to abandon consideration of a 9.3 cent/gallon gas tax increase that was announced by the state’s Treasury Department on Aug. 28.
Tag: Highway Fuels Revenue Target
New Jersey Gas Tax Rate Rising Over Nine Cents a Gallon Oct. 1
The tax hike was is a result of lower fuel consumption trends, exacerbated by the COVID-19 pandemic, in order to comply with the 2016 law requiring a steady stream of revenue to support the state’s Transportation Trust Fund program.