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NJ SCR93

NJ SCR93
Amends State Constitution to dedicate portion of revenue from motor vehicle fees and surcharges to transit system.


summary

Introduced
03/05/2020
In Committee
03/05/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

Amends State Constitution to dedicate portion of revenue from motor vehicle fees and surcharges to transit system.

AI Summary

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 state's transit system, specifically the New Jersey Transit Corporation or a similar public entity. The amendment ensures that the transit system receives any revenue from these fees that remains after the New Jersey Motor Vehicle Commission (or its successor) keeps what it needs for its own operations and after a specific amount, equivalent to what the General Fund received in fiscal year 2018, is accounted for. This means that while the Motor Vehicle Commission's operational funding is protected, the General Fund's share from these fees would be capped, with the excess revenue directed towards public transportation. This proposal will be put to a public vote in the next general election.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Transportation Committee (on 03/05/2020)

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