NJ boosts gasoline tax 22.5% to $0.507/gallon effective 1 October, diesel to $0.577
Green Car Congress
AUGUST 31, 2020
The increase brings the gasoline tax from $0.414 to $0.507 per gallon (22.5%). In order to ensure the state has the funds necessary to support these projects, the law dictates that the Petroleum Products Gross Receipt (PPGR) tax rate must be adjusted accordingly to generate roughly $2 billion per year. million.
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