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Bill > S920
NJ S920
NJ S920Excludes passenger and freight rail projects from purposes for which revenue from increase in petroleum products gross receipts tax revenue may be used.
summary
Introduced
01/16/2018
01/16/2018
In Committee
01/16/2018
01/16/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 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 a provision that required a minimum appropriation of $25 million each fiscal year starting in 2016 for the design, construction, and other activities related to freight rail projects that are significant to port commerce connectivity, eliminate rail freight missing links to port facilities, or upgrade freight rail trackage to a 286,000-pound load carrying capacity. The bill takes effect immediately.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Transportation Committee (on 01/16/2018)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2018/Bills/S1000/920_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/S1000/920_I1.PDF |
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