By Samantha Marcus | NJ Advance Media for NJ.com
on October 14, 2016 at 4:51 PM, updated October 14, 2016 at 10:15 PM
TRENTON - Gov. Chris Christie on Friday signed a bill raising the gasoline tax 23 cents per gallon, the first tax hike in his 2,460 days in office and the state's first increase in the tax on gasoline since 1988.
New Jersey drivers will no longer pay the second-lowest state gas taxes in the U.S., a rare exception in an otherwise high-tax state. The new, higher price will take effect Nov. 1, while corresponding sales, estate and income tax cuts will be phased in over years.
The governor on Friday also lifted the executive order shutting down statewide nonessential construction projects.
"Through this legislation, we are continuing our commitment to providing tax relief for working New Jerseyans of all income levels, senior citizens, military veterans and property owners, while ensuring solid, reliable, state-of-the-art roads, bridges and mass transit systems," Christie said in a statement.
Christie, a Republican, struck the deal with Democratic leadership in the state Legislature after months of political wrangling that resulted in a statewide construction freeze idling more than 1,000 road, bridge and rail projects and taking crews off the job at the height of construction season...
Read more at:
http://www.nj.com/politics/index.ssf/2016/10/christie_signs_23-cent_gas_tax_road_funding_deal.html
