Eliminates automatic increases of petroleum products taxes.

New Jersey Assembly Bill A2683 eliminates the automatic annual increases to fuel tax rates that would otherwise occur if revenue from highway fuel taxes exceeds a set cap. Currently, the tax rate adjusts upward if annual revenue falls short of the $2 billion highway fuel cap (based on 2016 sales data), but this bill removes that upward adjustment authority while preserving the ability to lower rates if revenue exceeds the cap. The bill directly affects the state's fuel tax collection system by preventing automatic rate hikes, though it maintains existing mechanisms for rate reductions. This change applies to gasoline, diesel, and other highway fuels taxed under the Petroleum Products Gross Receipts Tax Act.