Senator Jennifer Beck (R-Monmouth), the leading opponent of a gas tax increase in the legislature, announced her opposition to the compromise legislation out forth by Senate President Sweeney and Assembly Speaker Vincent Prieto. Beck says the Sweeney/Prieto plan is just as bad for taxpayers as the Senate plan that failed last month.
“The tax plan announced by Democrats today would still raise the gas tax by 23 cents per gallon, just as the last failed plan would have,” said Beck. “The cosmetic changes that the Senate President and Assembly Speaker have agreed to are just window dressing on the core $1.2 billion tax increase on drivers that remains largely unchanged from the previous version of the legislation.”
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Posted: July 22nd, 2016 | Author: Art Gallagher | Filed under: Gas Tax, Jennifer Beck, Monmouth County News, New Jersey | Tags: Gas Tax, Jennifer Beck, Monmouth County News, New Jersey, Senator Jennifer Beck, Transportation Trust Fund | 2 Comments »
Senate President Steve Sweeney and Assembly Speaker Vincent Prieto have a compromise deal on the Transportation Trust Fund, according to an announcement on the NJ Senate Democrats website.
“We have an agreement on a plan that is needed to address the state’s critical transportation needs at the same time it provides targeted tax savings for retirees, the working poor and middle class families,” said Senator Sweeney (D-Salem/Cumberland/Gloucester). “This is a bipartisan plan that supports a $2 billion a year Transportation Trust Fund and provides affordable tax cuts that will allow us to meet the state’s pension obligations without creating a fiscal crisis. This is an investment plan that will create jobs and support immediate and long-term economic growth.”
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Posted: July 22nd, 2016 | Author: Art Gallagher | Filed under: Gas Tax, New Jersey, Taxes | Tags: Assembly Speaker Vincent Prieto, Gas Tax, New Jersey, NJ Gas Tax, NJ Transportation Trust Fund, Senate President Steve Sweeney, Transportation Trust Fund | 1 Comment »
TRENTON — After calling the Senate president’s proposal to end a stalemate over funding for construction projects “ridiculous” earlier this week, Gov. Chris Christie on Thursday delivered a counteroffer. No details of either proposal are known, but a spokesman for Senate President Stephen Sweeney said he is reviewing the latest proposal. The governor and Senate are… Read the rest of this entry »
Posted: July 22nd, 2016 | Author: admin | Filed under: Gas Tax, New Jersey | Tags: Assembly Speaker Vincent Prieto, Chris Christie, Gas Tax, New Jersey, Steve Sweeney, TFF, Transportation Trust Fund | Comments Off on Christie makes Senate new offer to end N.J. road project shutdown
Now nearly three full weeks old, the political impasse in Trenton over transportation funding is no closer to being resolved, and there are some signs key leaders may actually be moving further apart Reports out of Cleveland,… Read the rest of this entry »
Posted: July 21st, 2016 | Author: admin | Filed under: New Jersey | Tags: Gas Tax, New Jersey, TFF, Transportation Trust Fund | Comments Off on Split Over Transportation Funding in New Jersey Appears To Be Growing
TRENTON — Gov. Chris Christie and Senate President Stephen Sweeney met privately Tuesday in an attempt to broker a deal to fund transportation projects and bring an end to a statewide construction freeze. Sweeney presented Christie with a new proposal for replenishing the now-expired and soon-to-be-broke Transportation Trust Fund, according to a spokesman for the governor.… Read the rest of this entry »
Posted: July 12th, 2016 | Author: Art Gallagher | Filed under: Monmouth County News, New Jersey | Tags: New Jersey, NJ Gas Tax, Transportation Trust Fund | 1 Comment »
By Senator Mike Doherty (R-23)
With a $1.3 billion gas tax increase proposed by some in the Legislature, it’s more important than ever to understand New Jersey’s transportation spending.
More than a year ago, I called for the state to create a “State Transportation Cost Analysis Task Force” to conduct a methodical analysis of the factors that contribute to New Jersey’s road costs, compare our costs to those of other states, and provide recommendations to complete projects more cost-effectively.
While many would consider this legislation to be a matter of common sense, it has failed to advance in the Democrat-controlled Legislature.
I initially introduced S-1888 in response to a study by the Reason Foundation that found Garden State roads to be the nation’s most expensive to build, operate and maintain.
According to that report, New Jersey’s state-administered highways cost taxpayers $2 million per mile, which the Reason Foundation claims to be 12 times the national average, three times the cost in the next highest state and four times the cost in New York.
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Posted: June 14th, 2016 | Author: admin | Filed under: Gas Tax, Mike Doherty, New Jersey, Opinion | Tags: New Jersey, NJ Gas Tax, Opinion, Senator Michael Doherty, Transportation Trust Fund | 1 Comment »
Senator Joe Kyrillos yesterday endorsed a $.23 per gallon increase in the New Jersey’s tax on gasoline in order to fund the Transportation Trust Fund for the next 10 years. Proponents of the tax increase say the fund will only have money for debt service starting at the end of this month, if the state tax on gasoline remains at its current level of $.14 per gallon.
“In total, it is a productivity, prosperity and quality of life package for New Jersey, and very, very significant,” Kyrillos (R-Monmouth) said at a Statehouse news conference, according to NJ.com.
The gas tax increase legislation also reduces the estate tax and taxes on retirement income.
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Posted: June 14th, 2016 | Author: Art Gallagher | Filed under: Gas Tax, Jennifer Beck, Joe Kyrillos, Monmouth County News | Tags: Gas Tax, Monmouth County News, Sen Jennifer Beck, Sen Joe Kyrillos, Transportation Trust Fund | 2 Comments »
TRENTON — With an important deadline for New Jersey transportation funding looming, Senate President Stephen Sweeney said he and the Democratic Assembly speaker are “getting closer” on a plan to raise money for roads and bridges. Midway through 2016, the Transportation Trust Fund will run out of money for new projects. Senate Democrats want a $2… Read the rest of this entry »
Posted: December 30th, 2015 | Author: admin | Filed under: Monmouth County News, New Jersey | Tags: Assembly Speaker Vincent Prieto, Monmouth County News, NJ Transportation Trust Fund, Sen Jennifer Beck, Senate President Steve Sweeney, Transportation Trust Fund, TTF | 2 Comments »
Why do roads, bridges and transit projects cost so much to build in New Jersey? State Senator Michael Doherty, R-Warren, has proposed a bill to try and answer that question and recommend ways to cut those costs. His bill to form a State Transportation Analysis Task Force will attempt to answer findings in a recent Reason… Read the rest of this entry »
Posted: March 7th, 2015 | Author: admin | Filed under: NJ Senate Republicans, NJ State Legislature, Taxes | Tags: $2 million per mile, Gas Tax, Senator Michael Doherty, Senator Mike Doherty, TFF, Transportation Analysis Task Force, Transportation Trust Fund | 9 Comments »
TRENTON — In two days, Gov. Chris Christie will go before the state Legislature and present a budget with repercussions for his own presidential ambitions and New Jersey’s financial fitness. Both are in the grips of ailing infrastructure and pension systems that are expected to dominate the upcoming budget process. Endorsing an unpopular gas tax increase… Read the rest of this entry »
Posted: February 22nd, 2015 | Author: admin | Filed under: Chris Christie, New Jersey, New Jersey State Budget | Tags: 2015 NJ Budget Address, 2016 Presidential politics, Chris Christie, NJ Pensions and Benefits, NJ State Budget, Transportation Trust Fund | Comments Off on Will Christie offer pension, transportation fixes in coming budget?