New Jersey Increases Gas Tax, Introduces Electric Vehicle Fee
The new legislation, aimed at funding infrastructure improvements, will see gas taxes rise and electric vehicle owners face annual fees starting July.
- New Jersey Governor Phil Murphy signed legislation raising the state's gas tax and introducing a new electric vehicle fee to fund infrastructure improvements.
- The gas tax will increase annually by an estimated 2 cents per gallon over the next five years, with electric vehicle owners paying a starting annual fee of $250.
- The measures aim to raise revenues for the state's Transportation Trust Fund, financing major infrastructure projects across New Jersey.
- Critics argue the increases will burden drivers, but supporters highlight the necessity for maintaining and upgrading the state's transportation system.
- The legislation also aims to generate about $6.7 billion annually for the fund, supporting road, highway, and bridge maintenance and repairs.
NJ.com 
The Philadelphia Inquirer 
Newsweek 