New Jersey lawmakers have approved a bipartisan deal that not only raises fuel taxes in the Garden State for the first time in three decades, it substantially hikes them— by 23 cents per gallon for gasoline and by 27 cents for diesel.
House Bill Would Up Fuel Tax By Over 10 Cents
Aiming to address both the lack of funding for the Highway Trust Fund and the lack of trust in finding a long-term solution for that, Rep. Tim Rice (R-SC) has introduced a bill that would hike federal motor-fuel taxes by 10.1 cents per gallon and index the new rate to inflation.