TRENTON, New Jersey — Gov. Phil Murphy signed legislation to renew the State’s Transportation Trust Fund (TTF) for five more years.
Proponents say the measure, A-4011/S-2931, will invest billions to modernize and maintain New Jersey’s statewide transportation infrastructure and provide additional capital funding for NJ Transit, supporting local and county projects to alleviate the burden on local taxpayers, and creating thousands of good-paying union jobs.
The New Jersey Transportation Trust Fund was established by the Legislature in 1984 and has been reauthorized seven times. Under the previous administration of Gov. Chris Christie, the last reauthorization in 2016 occurred after the previous authorization had expired, halting projects until a new agreement could be reached, Murphy’s office said.
“The reauthorization of the New Jersey Transportation Trust Fund is foundational to the continued investment in our transportation infrastructure,” said Diane Gutierrez-Scaccetti, Chief of Staff to Governor Murphy and former NJDOT Commissioner. “Transportation keeps our communities moving and our economy strong. I remember the impact it had on our brothers and sisters in labor when the previous administration could not reach a deal in time and projects all over the state were forced to halt or shut down. With this in mind, we were determined – and now proud – to reach a good agreement months ahead of time to ensure that this critical work will continue without interruption.”
