Bill > ACR70

This Concurrent Resolution proposes an amendment to the State Constitution that would dedicate a portion of the revenue generated from motor vehicle fees and surcharges to fund the New Jersey Transit Corporation, or a similar public entity responsible for public transportation. Specifically, after the Motor Vehicle Commission (the state agency that handles driver's licenses and vehicle registrations) retains the funds necessary for its own operations, and after a specific amount (based on the fiscal year 2018 revenue retained by the General Fund) is accounted for, any remaining revenue from these fees and surcharges would be directed towards public transit. This amendment aims to ensure a consistent funding stream for transit operations by limiting the amount that can be diverted to the General Fund, which is the state's main operating budget, and guaranteeing that excess revenue from vehicle-related fees supports the transit system. If approved by the Legislature and then by voters in a general election, this change would become part of the state's foundational law.

Transportation and Infrastructure

https://www.njleg.state.nj.us/bill-search/2020/ACR70