Loading chat...

NJ SCR96

Concurrent Resolution

Status

Introduced

3/14/2024

Primary Sponsor

Anthony M. Bucco

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Proposes amending the New Jersey Constitution to dedicate revenues from any future sales tax on electric vehicles (up to $100 million annually) to the Transportation Trust Fund

  • Requires dedication of any revenue collected from additional motor vehicle registration fees imposed specifically on electric vehicles to the Transportation Trust Fund

  • Funds deposited in the Transportation Trust Fund may only be used for planning, acquisition, engineering, construction, reconstruction, repair, and rehabilitation of the state's transportation system

  • Does not impose new taxes or fees on electric vehicles; the dedication would only apply if the Legislature separately enacts such taxes or fees in the future

  • Would be placed on a general election ballot for voter approval if passed by the Legislature, as required for constitutional amendments

Legislative Description

Proposes constitutional amendment to dedicate certain revenues for State transportation system.

Transportation

Last Action

Introduced in the Senate, Referred to Senate Transportation Committee

3/14/2024

Committee Referrals

Transportation3/14/2024

Full Bill Text

No bill text available