Bill
Bill > A4775
NJ A4775
NJ A4775Excludes passenger and freight rail projects from purposes for which revenue from increase in petroleum products gross receipts tax revenue may be used.
summary
Introduced
03/19/2026
03/19/2026
In Committee
03/19/2026
03/19/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 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 prevent revenue generated from an increase in the petroleum products gross receipts tax, which was enacted on October 14, 2016, from being used to fund passenger or freight rail projects. The petroleum products gross receipts tax is a tax on the revenue businesses receive from selling petroleum products, and this bill specifically removes rail projects from the list of purposes for which this increased tax revenue can be allocated, thereby redirecting these funds to other transportation initiatives.
Committee Categories
Transportation and Infrastructure
Sponsors (2)
Last Action
Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 03/19/2026)
Taxonomy
Transportation
- ‐ General Transportation
- ‐ Railroads and Railroad Safety
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/A4775 | 03/17/2026 |
| BillText | https://pub.njleg.gov/Bills/2026/A5000/4775_I1.HTM | 03/20/2026 |
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