Bill
Bill > A1598
NJ A1598
NJ A1598Excludes passenger and freight rail projects from purposes for which revenue from increase in petroleum products gross receipts tax revenue may be used.
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill amends existing law to exclude passenger and freight rail projects from being funded by the petroleum products gross receipts tax increase enacted on October 14, 2016.
AI Summary
This bill amends existing law to exclude passenger and freight rail projects from being funded by the petroleum products gross receipts tax increase enacted on October 14, 2016. The bill removes the requirement for a minimum $25 million annual appropriation from the state's transportation funds for freight rail projects and instead prohibits the use of the increased petroleum products gross receipts tax revenue for any passenger or freight rail projects.
Committee Categories
Transportation and Infrastructure
Sponsors (2)
Last Action
Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 01/11/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A1598 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A2000/1598_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A2000/1598_I1.PDF |
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