More than $3.5 billion in toll money being shifted to NJ Transit
An average of $510 million a year over seven years will go from the Turnpike Authority to NJ Transit, which had funding challenges even before the pandemic.
Turnpike Authority
Sweeney: Hike business tax as part of $500M NJ Transit plan
Senate President Steve Sweeney has a three-part plan to dedicate a half-billion annually to NJ Transit. It includes $300 million from a 1% corporate tax hike.
NJ Transit resists calls to increase its state operating subsidy
Echoing calls of advocacy groups, the second-ranking Senate Democrat calls for up to $75 million in additional state funding for NJ Transit operations.