New Jersey A 724: Provides gross income tax deduction for New Jersey fuel taxes paid through purchases of motor fuel for personal use of motor vehicles.

Bill Text

A724 

ASSEMBLY, No. 724 

STATE OF NEW JERSEY

222nd LEGISLATURE

� 

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Assemblyman GREGORY P. MCGUCKIN

District 10 (Monmouth and Ocean)

Assemblyman PAUL KANITRA

District 10 (Monmouth and Ocean)

SYNOPSIS

���� Creates toll relief program; appropriates $250 
million to NJTA and $250 million to SJTA.

CURRENT VERSION OF TEXT 

���� Introduced Pending Technical Review by Legislative 
Counsel.

�� 

An Act creating a toll relief program and 
making an appropriation.

���� Be It 
Enacted by the Senate and General Assembly of 
the State of New Jersey:

���� 1.��� As used in P.L.��� , 
c.���� (pending before the Legislature as this bill):

���� �Authorities� means the New 
Jersey Turnpike Authority established by section 3 of P.L.1948, c.454 
(C.27:23-3) and the South Jersey Transportation Authority established by 
section 4 of P.L.1991, c.252 (C.27:25A-4).

���� �Passenger automobile� has the 
same meaning as defined in R.S.39:1-1. 

���� �Qualifying account� means a 
private prepaid electronic toll collection system account. 

���� �Qualifying transaction� means 
a paid transponder-based toll transaction incurred by a passenger automobile 
for travel on the New Jersey Turnpike, Garden State Parkway, or Atlantic City 
Expressway.� A �qualifying transaction� shall not include tolls paid as a fine, 
penalty, administrative fee or other type of payment made for a violation of a 
toll; and tolls paid as an administrative fee, processing fee, or other payment 
for the purpose of establishing an electronic toll collection system account, 
acquiring electronic toll collection system equipment, or other administrative 
purpose.���������� 

���� 2.� a.� Notwithstanding any 
law, rule, regulation, or order to the contrary, the New Jersey Turnpike 
Authority and the South Jersey Transportation Authority shall each establish a 
toll relief program to provide a qualifying account that records 35 or more 
qualifying transactions per transponder for the calendar month with an account 
credit equal to 50 percent of the amount paid in that calendar month for the 
qualifying transactions per transponder. 

���� b.� The account credit shall 
be posted to the qualifying account no later than one month after the credit is 
earned.

���� c.� An electronic toll 
collection system transponder shall be linked to a qualifying account.

���� 

���� 3.� The authorities shall 
prepare and submit quarterly reports documenting credits issued under the toll 
relief programs to the Governor and to the Legislature, pursuant to section 2 
of P.L.1991, c.164 (C.52:14-19.1). The report shall include supporting 
documentation with auditable data to support the account credits issued.

���� 4.� a.� (1)� There is 
appropriated $250,000,000 from the General Fund to the New Jersey Turnpike 
Authority to support the provisions of account credits issued under the toll 
relief program established pursuant to P.L.��� , c.���� (pending before the 
Legislature as this bill). 

���� (2)� There is appropriated 
$250,000,000 from the General Fund to the South Jersey Transportation Authority 
to support the provisions of account credits issued under the toll relief 
program established pursuant to P.L.��� , c.��� (pending before the Legislature 
as this bill).

���� b.� The authorities shall not 
use appropriated funds for administration, contracted services, or expenses of 
the authority, or any contractor or vendor thereof.

���� 

���� 5.� This act shall take effect 
on the first day of the third month after enactment, but the New Jersey 
Turnpike Authority and the South Jersey Transportation Authority may take 
anticipatory actions necessary to implement the provisions of this act.� This 
act shall expire one year following the date of enactment.

STATEMENT

���� This bill requires the New 
Jersey Turnpike Authority and the South Jersey Transportation Authority 
(authorities) to each create a toll relief program to provide a qualifying 
account that records 35 or more qualifying transactions per electronic toll 
collection system (E-ZPass) transponder for the calendar month with an account 
credit equal to 50 percent of the amount paid in that calendar month for the 
qualifying transactions per transponder.

���� As defined in the bill, a 
qualifying account is a private prepaid E-ZPass account.� The account credit is 
required to be posted to the qualifying account no later than one month after 
the credit is earned.

���� The authorities are required 
to prepare and submit quarterly reports to the Governor and Legislature 
documenting reimbursements issued under the toll relief program.

���� The bill appropriates $250 
million to the NJTA and $250 million to the SJTA from the General Fund to 
support the provision of account credits issued under the toll relief 
programs.� The authorities are prohibited from using appropriated funds for 
administration, contracted services, or expenses of the