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Statewide, NJ

Election Date: November 3, 2020
Type: General
Revenue – Total ($): 500,000,000
Known Transit Revenue ($): 500,000,000
Revenue Type: Corporate Income Tax, Tolls
Transit Revenue Explanation: Measure would provide a dedicated source of funding for New Jersey Transit
Outcome: TBD

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Proposed constitutional amendment to provide permanent, dedicated funding source for NJ Transit through a 1% tax on corporate income providing $250-$300 million, $125 million from the state’s turnpike, and $75 million from a Clean Energy Fund