Create a CEG Account  /  CEG Login



New Jersey Voters Pass Gas Tax Referendum on Nov. 8

November 30, 2016 - Northeast Edition #24
Construction Equipment Guide

TRENTON, N.J. (AP) New Jersey's gas tax will be dedicated to transportation funding after voters supported Question 2 on Nov. 8, delivering a blow to Republican Lt. Gov. Kim Guadagno, who rallied against the referendum to protest a recent 23-cent-gallon increase in the tax.

Guadagno and radio station New Jersey 101.5 FM had mounted a campaign to beat the question, arguing lawmakers and Gov. Chris Christie would be forced to reconsider the gas tax hike and scrap plans to borrow $12 billion over eight years.

The ballot question asked whether all the money from the state's recently raised gas tax should go to transportation. Guadagno bucked Christie, who supported dedicating the tax.

Opponents had argued that a no vote would choke off borrowing needed for the transportation trust fund, which would require legislators to reconsider the gas tax hike. Legislative leaders and the Christie administration said that was not true and that the borrowing authority already was authorized.

Had voters said no, gas tax revenue would have gone to the general fund and future lawmakers and governors could have used it to plug budget holes.


Today's top stories

New SR 141 Alignment Promises Smoother Travel Through Middle Tennessee

Webber–United JV Advances $620M I-16/I-75 Interchange

Thompson Tractor Hosts Companywide Used Equipment Sale

Georgia Power Begins Construction of Battery Storage System

Werk-Brau Names Gold Coast JCB as South Florida Dealer

BOMAG Names Mid South Machinery Full Line Dealer for State of Mississippi

Louisiana Breaks Ground On $2.3B I-10 Calcasieu River Bridge

James River Equipment Named Newest Trimble Technology Outlet, Serving Customers in Mid-Atlantic


 





×

Stay Ahead of the Market

Get weekly equipment news, auction updates, and dealer insights — trusted by thousands of industry professionals.



39.95234 \\ -75.16379 \\ Philadelphia \\ PA \\ US \\ 19019