The agency already gets $767 million annually from the TTF for new capital projects....The last reauthorization of the TTF in 2016, under then-Gov.

have been rumors of changes to the gas tax for months as Murphy and the legislature face a July 1 deadline for replenishing the TTF...state treasurer meets with the top public financial official from the nonpartisan Office of Legislative Services to ensure the TTF

A state law from 2016 requires New Jersey to collect roughly $2 billion in gas tax funds per year to keep the TTF afloat.

This year, lawmakers will have to reauthorize the TTF so any changes to the funding mechanism could come when that happens....That number is adjusted up or down based on the revenue collected to fund the TTF at approximately $2 billion per year. 💲 Business

The funding for the Local Bridge Fund is from the Transportation Trust Fund (TTF).

The TTF provides about $2 billion a year for projects through NJ Transit and the Department of Transportation....The 2016 reauthorization allowed the TTF to take on $12 billion in debt over eight years – though by July, the state expects to