December 19, 2018---North Bergen--Governor Andrew M. Cuomo tours the North River Rail Tunnel that connects New Jersey and New York Wednesday night December 19, 2018. The North River Tunnels are a pair of tunnels that carry Amtrak and New Jersey Transit rail lines under the Hudson River between Weehawken, New Jersey and Pennsylvania Station in Manhattan, New York City. As of March 2018, up to $541 million for the Gateway Project, a program to build two additional rail tunnels under the Hudson River, was provided in the Consolidated Appropriations Act. (Kevin P. Coughlin/Office of Governor Andrew M. Cuomo)
NEW YORK – The Gateway Development Commission (GDC) board voted to make the GDC the project sponsor for the complete Hudson Tunnel Project.
Officials said the move is a critical milestone in receiving the billions of dollars in federal taxpayer money it needs.
The Project Sponsor is responsible for overseeing and completing the project on time and within budget, applying for and receiving Federal loans, and ensuring that the project meets all of its responsibilities under Federal requirements.
With the Commission’s resolution, the GDC will now work with the current Project Sponsor, the Port Authority of New York and New Jersey, to officially notify the Federal Transit Administration (FTA) and Federal Railroad Administration (FRA) of the change and take the necessary actions to complete the transfer of sponsorship.
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State Assembly Republican Conference Leader Christopher DePhillips wants legislative leaders to rule out tax increases as Democrats discuss hiking the sales tax to fund NJ Transit during the final weeks of state budget negotiations.
N.J. Transit’s first multilevel train debuted Dec. 11 on the Northeast Corridor, culminating four years of planning and design — including extensive input from customers — to offer riders a new level of comfort and convenience.
Following a press conference on the impacts of a proposed 2.5% Corporate Transit Fee on Tuesday, a few reports indicated the New Jersey Business & Industry Association (NJBIA) supported increasing of New Jersey sales tax as a funding source for the proposed tax on business.
