A long-awaited but contentious solution to the state’s transportation funding crisis is heading to the desk of Gov. Chris Christie, who has agreed to sign the $16 billion infrastructure plan.
Government & Public Policy
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Christie, lawmakers reach deal to fund road projects
A bipartisan deal, unveiled Friday at the Statehouse, calls for raising the state’s gas tax for the first time since 1988 to replenish the Transportation Trust Fund. The 23-cent-per-gallon increase will fund a $2 billion TTF plan over the next eight years, with 100 percent of gas tax revenues constitutionally dedicated to repair and replace the state’s roads and bridges.