
the stasff of the Ridgewood blog
Ridgewood NJ, State lawmakers passed a 23-cent gas tax hike overnight that Gov. Chris Christie is set to sign by Friday saving the Transportation Trust Fund of TTF from running out of money.
There was no mention of auditing the TTF ?
The Christie backed plan is a 23-cent gas tax hike that Gov. Chris Christie is set to sign in to law by Friday.
The vote came early Tuesday came after a day of backroom talks between Christie and legislative leaders such as Assembly Speaker Vincent Prieto. In the brokered deal the Democrat-led Assembly passed legislation to hike the state’s gasoline tax by 23 cents per gallon, while cutting the sales tax from 7 to 6 percent.
Motorists could see the hikes take effect by Friday. The state’s gas tax would increase from 14.5 cents per gallon to 37.5 cents per gallon under the plan.
Today the average price of a gallon of gas in New Jersey is $2.10 according to AAA Mid-Atlantic, down a penny overnight and down a penny in the last week.
Christie, in a statement, highlighted the sales-tax-cut portion of the proposal, saying he was “pleased that the Assembly has heeded my suggestion for tax fairness, which I have been calling for for a long time.”