TRENTON — Planned votes on measures to raise the gasoline tax 23 cents a gallon to raise money for road improvements and cut $1.4 billion in taxes were put off two days after proponents ran into a procedural hurdle in the state Senate on Wednesday. Senators said Wednesday the upper chamber was short the 30 votes… Read the rest of this entry »Posted: October 5th, 2016 | Author: Art Gallagher | Filed under: Gas Tax, Monmouth County News, New Jersey, News | Tags: Gas Tax, Monmouth County News, New Jersey, NJ Gas Tax, NJ Legislature, NJ Senate, NJ Transportation Trust Fund, Transportation Trust Fund, TTF | 3 Comments »
Assemblyman Declan O’Scanlon, the Republican Assembly Budget Officer, said today that no New Jersey legislator can responsibly vote on a bill to replenish the state’s Transportation Trust Fund (TTF) if a constitutional amendment requiring the state to make specified annual payments to state employees pensions funds is on the ballot this November.
“No legislator from either party can cast a responsible vote on any TTF plan until we know if the disastrously flawed Democrat constitutional amendment will be on the ballot. If the Senate Democrats irresponsibly vote to place the amendment on the ballot they are voting to put any TTF decision off until after November – at least.
O’Scanlon said that the constitutional amendment proposed by the Democratic majority has three fatal flaws:Art Gallagher | Filed under: Declan O'Scanlon, Gas Tax, Monmouth County News, NJ State Legislature | Tags: Assemblyman Declan O'Scanlon, Declan O'Scanlon, Monmouth County News, New Jersey Pensions, NJ Legislature, Senate President Steve Sweeney, Transportation Trust Fund, TTF | 1 Comment »
TRENTON — In the ongoing road funding battle, the Senate Budget and Appropriations Committee on Friday advanced legislation raising the tax on gasoline sold in New Jersey by 23 cents and offering tax breaks to seniors, veterans and the working poor. But the vote — 8-4 with one abstention — could be in vain if Democrats… Read the rest of this entry »Posted: July 30th, 2016 | Author: admin | Filed under: Gas Tax, New Jersey | Tags: Gas Tax, Governor Chris Christie, NJ Legislature, NJ Transportation Trust Fund, TTF | 1 Comment »
With transportation funding negotiations deadlocked, County has plan to restart Shark River dredging
The project, which had restarted on schedule on July 1 was halted at midnight on July 8 when Governor Christie’s executive order halting projects funded by the Transportation Trust Fund took effect.
The legislature failed to pass TTF funding with a $.23 per gallon gas tax on June 30th. The Senate’s plan was to increase the gas tax while phasing out the estate tax and reducing income taxes on retirees. Christie and the Assembly agreed on a bill that would have raised the gas tax and reduced the sales tax from 7% to 6%. Senate President Steve Sweeny and Assembly Speaker Vincent Prieto agreed to pass a revised version of the Senate’s original bill last week. Yesterday, Christie said the Democrats plan is “dead on arrival.”Art Gallagher | Filed under: Chris Christie, Gas Tax, Jennifer Beck, Joe Kyrillos, Monmouth County News, Tom Arnone | Tags: Assembly Speaker Vincent Prieto, Freeholder Director Tom Arnone, Gas Tax, Governor Chris Christie, Monmouth County News, NJ Legislature, NJ Transportation Trust Fund, Senate President Steve Sweeney, Senator Jennifer Beck, Senator Joe Kyrillos, Shark River, Shark River Dredging, TTF | Comments Off on With transportation funding negotiations deadlocked, County has plan to restart Shark River dredging
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 »