The New Jersey Department of Treasury today announced that the gas tax will decrease 8.3 cents per gallon beginning October 1, 2021. The transportation capital plans remain unchanged for NJDOT (including Local Aid) and NJ Transit. UTCA worked for language in the 2016 reauthorization of the Transportation Trust Fund that mandates an annual evaluation of … Read more…
Congressional Democrats today adopted a plan to consider the Senate-passed Infrastructure Investment and Jobs Act (IIJA) by September 27 of this year, and passed a procedural vote allowing work to begin on a separate, $3.5 trillion social spending package. As previously reported, under the five-year IIJA New Jersey would receive approximately $6.8 billion for highways, … Read more…
The Senate today passed the long-awaited $1 trillion infrastructure package, formally known as the Infrastructure Investment and Jobs Act. The 69-30 vote marks a pivotal step in the advancement of the nation’s largest long-term infrastructure investment in nearly a century. Under the five-year plan, New Jersey would receive approximately $6.8 billion for highways, $1.1 billion … Read more…
