TRENTON, N.J. (AP) - Drivers are now paying more at the pumps in New Jersey, as the state’s gas tax rose about 9 cents per gallon on Thursday.
The boost to 50.7 cents a gallon from 41.4 cents amounts to about a 22% increase.
It stems from a 2016 law that requires the state fund supporting bridge and road infrastructure to maintain a $2 billion program annually. The law requires an annual adjustment to the fuel tax if receipts don’t meet that level.
Gasoline consumption dropped about 39% from March to May - coinciding with the coronavirus outbreak - and led to a drop in receipts for the fuel tax, state officials have said.
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