Provides three-month reduction or suspension of tax on highway fuels based on average retail price of unleaded regular gasoline; makes an appropriation.

New Jersey's S 2096 adjusts state fuel taxes based on monthly average gas prices. If the average price of unleaded regular gasoline exceeds $4.50 per gallon, it triggers a 50% tax reduction; $5.01-$5.50 triggers a 75% reduction; and over $5.50 suspends the tax entirely for motor fuel and petroleum products taxes. The bill applies to gasoline, diesel, and other highway fuels sold in New Jersey during June-August 2022, requiring retailers to pass tax savings directly to consumers. Businesses must report tax savings and fuel sales to the Division of Taxation.