New Jersey gas tax to decrease by 1 penny in October
New Jersey’s gas tax will decrease by 1 cent per gallon on Oct. 1, according to the state treasury.
News 12 Staff
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Aug 30, 2022, 2:31 AM
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Updated 598 days ago
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647ds agoNew Jersey’s gas tax will decrease by 1 cent per gallon on Oct. 1, according to the state treasury.
The agency says that tax collection came in higher-than-expected last year.
PUMP PATROL: Tell us how much you pay for gas in New Jersey!
This is the second year in a row there will be a reduction.
The gas tax rate is adjusted every October to ensure the state generates roughly $2 billion per year to fund infrastructure projects.
