New Jersey Voters Dedicate Gas Tax to Transportation Funding, a Final Step in State's Credit-Negative Tax Changes
ISSUER COMMENT U.S. PUBLIC FINANCE NOVEMBER 10, 2016 New Jersey Voters Dedicate Gas Tax to Transportation Funding, a Final Step in State’s Credit-Negative Tax Changes From Credit Outlook On Tuesday, New Jersey (A2 negative) voters passed an amendment to the state constitution that dedicates all gas tax revenue, including the 23-cent gas tax increase enacted on 1 November, to transportation funding
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