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NJ S90
Bill
Status
Introduced
1/13/2026
Primary Sponsor
James Holzapfel
Click for details
AI Summary
- Amends P.L.1984, c.73 to prohibit revenues from the 2016 petroleum products gross receipts tax increase from being used for passenger rail or freight rail transportation projects
- Eliminates the existing requirement for a minimum $25,000,000 annual appropriation from Transportation Trust Fund revenues for freight rail projects
- Removes dedicated funding for freight rail initiatives including port connectivity, rail freight missing links, track upgrades to 286,000 pound capacity, and the New Jersey Rail Freight Assistance Program
- Sponsored by Senator James W. Holzapfel (District 10 - Monmouth and Ocean counties) for the 222nd Legislature (2026 session)
- Takes effect immediately upon enactment
Legislative Description
Excludes passenger and freight rail projects from purposes for which revenue from increase in petroleum products gross receipts tax revenue may be used.
Transportation
Last Action
Introduced in the Senate, Referred to Senate Transportation Committee
1/13/2026
Committee Referrals
Transportation1/13/2026
Full Bill Text
No bill text available