Government

Christie, State Lawmakers Agree on Plan to Increase NJ Gas Tax 23 Cents Per Gallon

ef82b0b97db047d8a40d_9223f50e0ff8ddcadd95_81b5b5f4e5a54b46be56_Gas.jpg
748ae733afb76ac082a2_654a3076ae6526c7dc86_56b3115863c7f94306ab_bf76ef9b14753c6751d2_3a754f8f76edf09be2ad_f5d46daf27dafb517a32_Breaking_News_2.jpg
290fc0c90aaeeacfe855_bridge_project.jpg
ef82b0b97db047d8a40d_9223f50e0ff8ddcadd95_81b5b5f4e5a54b46be56_Gas.jpg

TRENTON, NJ – Gov. Chris Christie has ventured where his predecessors never dared – he has agreed to a deal with the leaders of the state Senate and state Assembly to raise New Jersey’s gas tax 23 cents a gallon in order to fund the state’s depleted Transportation Trust Fund.

The last time New Jersey motorists experienced a hike in gas taxes was 1988.

A key part of the deal for Christie is a slight reduction in the state’s sales tax, and elimination of the state’s estate tax.

Sign Up for E-News

The deal is pending full approval by members of the Senate and Assembly; a vote is expected next week.  If it is approved, Christie will sign the bill immediately.

The governor joined with Senate President Steve Sweeney and Assembly Speaker Vincent Prieto at a joint press conference to make the announcement Friday afternoon.

“This historic TTF deal improves New Jersey’s economy, affordability and infrastructure,” Christie said.

"While it took us some time to get here, in the end everyone worked together and compromised to create a plan we could all coalesce behind - one that puts safety first, puts residents back to work and provides broad-based tax cuts for all New Jersey residents,” said Assembly Speaker Vincent Prieto (D-Bergen/Hudson).



"This $16 billion investment over the next eight years - the largest in TTF history - is an investment in both our economy and public safety. A healthy and stable transportation network is vital to the flow of goods and services, vital to commuters trying to get to work, vital to first responders dealing with emergencies and vital to school buses trying to bring kids to school,” he added.

Here are details of the deal:

  • The TTF will be funded $2 billion annually over the next 8 years;
  • The state’s sales tax will be reduced from 7 percent to 6.875 percent on Jan. 1, 2017; the following year it will be reduced another .25 percent.
  • The estate tax will be phased out beginning this year and eliminated by Jan. 1, 2018.

State Sen. Christopher “Kip” Bateman, R-16th was e-mailed a copy of the draft agreement late Friday afternoon and was reviewing its contents.

“I’m going to withhold any judgment until I read the whole proposal,” Bateman said, “but I’m happy the three parties have finally come together on a deal; I hope it’s a good one and that we can get people back to work.”

Thousands of construction workers and hundreds of construction projects across the state have been idle since mid-July when Christie issued an executive order freezing the depleted TTF, just days before it was set to run out of money. Emergency work on projects has been permitted on a case-by-case basis, financed by the state’s general fund.

In Clark, work on the Madison Hill Road bridge stopped when the TTF monies were frozen. 

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

Clark

Upcoming Events

Carousel_image_c5efd728ef2d1bbd7247_mini_magick20180206-16715-ycw7rg

Wed, February 21, 7:00 PM

The Cranford Hotel (hosted by Calvary Lutheran Church), Cranford

Beer & Bible

Religions And Spirituality

Thu, February 22, 6:00 PM

UCEDC, Cranford

Next Level Business Planning

Business & Finance

Carousel_image_248cea245b872fb9c722_resolve_house

Fri, February 23, 12:00 PM

Resolve, Scotch Plains

Free Teen Anxiety Group (Ages 14-17) at Resolve

Clark VFW : Spotlight on Joseph Horling

February’s spotlight is on Joseph Horling , Staff Sergeant US Army 1942-1946.

Joe was born in Rahway NJ on Oct 1, 1920.  He and his brother Anthony were born to Anthony Sr. and Bertha Horling .  Joe’s father was born in Munich and his mother Bertha in Austria. 

Joe enlisted in the Merchant Marines in 1942.  Eight months later, in 1943, he enlisted in the US ...

Clark's Hehnly School is “Cruisin’ Through Winter” for a Good Cause

February 17, 2018

CLARK, NJ - Over 150 students from kindergarten through fifth grade had a blast “Cruisin’ Through Winter” in the Hehnly auditorium. The 4th annual dance, organized by physical education teacher Joe Sortino, was held to support Alex’s Lemonade Stand, a foundation that builds awareness and raises money for childhood cancers.

Encouraging exercise for a good cause, Mr.

Former US Postal Service Employee from Rahway Pleads Guilty to Accepting Bribes to Deliver Narcotics Packages

February 13, 2018

RAHWAY, NJ - Leonard Gresham, a 50-year-old Rahway resident, pleaded guilty in federal court on Tuesday to intercepting and delivering packages containing illegal narcotics in exchange for cash bribes, it was announced by U.S. Attorney Craig Carpentino.

Gresham pleaded guilty U.S. District Judge Esther D. Salas in Newark federal court, where he was charged with one count of ...

Choosing a College With the 'Right' Fit

Do you know if your child is choosing a college with the right fit?  Do you know what the right fit means or why it matters?  Take a listen to Chris Curran's latest chat about why fit matters and don't forget to check out his book College Funding Secrets.  

Check out other columns by Chris here.

Have You Talked to Your Child About the Cost of College?

Have you talked to your child about the cost of college?  Do you plan to?  Do you know why you should? Take a listen to Chris Curran's video below as he explains why the student needs to be involved in the financial conversations about college.  Check out Chris' book at College Funding Secrets.  

 

Check out other columns by Chris here.

Scutari vs Mahr

February 14, 2018

I read with interest in a local newspaper regarding the Union county democrat party political infighting for their “county chair” selection.  There were 2 letters juxtaposed, each one listing supporters of either Senator Scutari or Fanwood Mayor Mahr, who are the two main people vying for the “boss” position.

Although I am a democrat I am not a committee ...

AtlantiCast

AtlantiCast Medical Minute: Atlantic Orthopedic Institute’s Scoliosis and Spinal Deformity Center

On this episode of the AtlantiCast Medical Minute, we’ll take you inside the Atlantic Orthopedic Institute’s Scoliosis and Spinal Deformity Center, with the center’s director, Jason Lowenstein, MD.

Video Link: https://www.youtube.com/watch?v=1M7euCp86-c

AtlantiCast Episode 011

Breaking Atlantic Health System news on this week’s AtlantiCast! Plus, find out why Morristown Medical Center is one of the best hospitals in the nation when it comes to recovering from joint surgery, see the newest center for fighting brain cancer and an Atlantic Health System red-carpet premiere!