Bill
Bill > A3694
NJ A3694
NJ A3694Makes appropriation of $3,000,000 to DOT for electric buses and $3,000,000 to NJT for private carrier capital improvements from revenues and other funds of Transportation Trust Fund Authority.
summary
Introduced
03/16/2020
03/16/2020
In Committee
03/16/2020
03/16/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill appropriates a total of $6 million in additional money from the revenues and other funds of the New Jersey Transportation Trust Fund Authority (TTFA) for two purposes related to improving public transportation. $3 million would be appropriated to the Department of Transportation (DOT) for making grants to private motorbus carriers for the purchase and operation of electric buses and an extra $3 million for a total of $6 million would be appropriated to fund the New Jersey Transit Corporation's (NJT) Private Carrier Capital Improvement Program (PCCIP) for the 2019 fiscal year. The appropriation of $3 million for electric buses is intended to promote the introduction of electric battery-powered buses into the New Jersey passenger bus fleet, which promises to substantially reduce greenhouse gas emissions by the operation of fossil-fueled buses. According to a May 2018 report jointly authored by the New Jersey Public Interest Research Group and others, on average, an electric bus costs approximately $750,000, substantially more than the $500,000 cost of a conventional diesel bus. The bill also appropriates $7 million from the funds of the TTFA to the PCCIP, increasing the authorized level of PCCIP funding from a maximum of $4 million in FY2020 to $7 million for FY2021, and would require this funding. Given the fiscal year implementation, this provision is to take effect on July 1, 2020. Private motorbus carriers operate approximately 25 percent of the scheduled bus transportation in this State and receive no operating subsidy. They face the same cost pressures that underpin recent increases in the operating subsidy of NJT but depend on revenues from the fare box to address existing needs and to make new investments. Allowing the DOT to recognize the increased capital needs of private carriers and the passengers who depend on them will help to ensure that the State's efforts to enhance public transportation, to keep it affordable, and to improve air quality benefit all New Jerseyans.
AI Summary
This bill appropriates a total of $6 million from the New Jersey Transportation Trust Fund Authority (TTFA) for two purposes: $3 million to the Department of Transportation (DOT) for grants to private motorbus carriers to purchase electric buses, and $3 million to the New Jersey Transit Corporation (NJT) to increase funding for the Private Carrier Capital Improvement Program (PCCIP) from $4 million to $7 million for the 2021 fiscal year. The electric bus funding is intended to promote the introduction of electric vehicles in the state's passenger bus fleet, while the PCCIP funding increase is aimed at helping private motorbus carriers, who operate about 25% of the state's scheduled bus transportation, address their capital needs and maintain service levels.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 03/16/2020)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/A4000/3694_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A4000/3694_I1.PDF |
Loading...