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SHOCKER : NJ Treasury Announces Gas Tax Rate Will Decrease by 8.3 Cents Effective October 1st

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State Senator Holly Schepisi, ” Hell Must Have Froze Over”

the staff of the Ridgewood blog

Trenton NJ, After a thorough review of fuel consumption statistics and consultation with the Legislative Budget and Finance Officer, the Department of the Treasury announced on Tuesday that New Jersey’s gas tax rate will decrease by 8.3 cents per gallon beginning October 1 to comport with the 2016 law that requires a steady stream of revenue to support the State’s Transportation Trust Fund (TTF) program.

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