Hudson County View/Prieto wants voters to decide if fuel tax revenue should go to transportation fund

//Hudson County View/Prieto wants voters to decide if fuel tax revenue should go to transportation fund

Hudson County View/Prieto wants voters to decide if fuel tax revenue should go to transportation fund

Assembly Speaker Vincent Prieto (D-32) has introduced a bill that would allow New Jersey residents to decide, via a ballot question, if all of the revenue from the state fuel tax should go towards the Transportation Trust Fund.

John Heinis, Hudson County View

This is promising news. In the past, the New Jersey Transportation Trust Fund (#NJTTF) has been raided, funds taken and used for non-infrastructure projects. This is part of the reason why NJTTF is close to going bankrupt on July 1, 2016 and why NJTTF has had to rely upon debt (bonds) to fund infrastructure. Dedicating NJTTF funds to infrastructure is one step forward.
Click here to read the full article from Hudson County View.
#NJTTF

By |2015-12-11T15:16:16+00:00December 11th, 2015|Infrastructure|