Statewide, NJ – Gas Tax, Nov. 2006

Statewide, NJ

Election Date: November 7, 2006
Type: Gas Tax
Revenue Type:
Transit Revenue Explanation:
Outcome: Win for Transit
Results:

The Transportation Trust Fund is projected to run out of funding in the near future and will not be able to support its debt load or fund repairs, improvements, and other transportation needs. Funding can be provided annually in the state budget but to sustain a long range plan for a state transportation system a predictable funding level can also be beneficial. This ballot question would dedicate an additional $78 billion to the current $468 million dedication. This amendment does not change the motor fuels tax rates. Rather, it dedicates an additional portion of the existing motor fuels tax to funding the state transportation system. A no vote leaves the dedication at the existing 9 cents per gallon.