A 1103 New Jersey General Assembly · 2024-2025 Regular Session

Dedicates unencumbered revenue collected from motor vehicle fees and surcharges to Transportation Trust Fund.

This bill redirects revenue from certain motor vehicle fees and surcharges to New Jersey's Transportation Trust Fund instead of the General Fund. Currently, some of this money goes to the General Fund, but this bill changes that allocation. The redirection is phased in over five years, starting with 20% of the revenue in the first year after the bill takes effect, increasing to 100% by the fifth year. This change affects how transportation funding is structured, ensuring more money from vehicle fees supports transportation projects rather than general state budgeting.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Transportation and Independent Authorities Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of John DiMaio
John DiMaio
RRepublican
NJ
23