Remove Financing Remove Fuel Tax Remove New Jersey
article thumbnail

NJ boosts gasoline tax 22.5% to $0.507/gallon effective 1 October, diesel to $0.577

Green Car Congress

Due to the formula explicitly outlined in the law, the PPGR tax rate on gasoline and diesel fuel will increase on 1 October 2020 from $0.309 to $0.402 for gasoline and from $0.349 to $0.442 for diesel fuel. Background on Chapter 57 & calculation of tax rate formula.

Tax 186
article thumbnail

Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

Green Car Congress

Only three states—California, Maryland, and New Jersey—landed in the top tier of the scoring methodology, and 12 states fell into tier three, the lowest. transportation, and ensure state fuel taxes can support all transportation modes.