New Jersey · 2026-2027 Regular Session · Bill

S 2517: Requires Petroleum Products Gross Receipts Tax rate reduction if certain Legislative action is taken that includes increases in other State tax rates and revenue; dedicates revenues from certain sales and use tax increases to "Transportation Trust Fund Account."

In committee Last action January 13, 2026: Introduced in the Senate, Referred to Senate Transportation Committee

Plain-language summary

S 2517 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Requires Petroleum Products Gross Receipts Tax rate reduction if certain Legislative action is taken that includes increases in other State tax rates and revenue; dedicates revenues from certain sales and use tax increases to "Transportation Trust Fund Account.". Primary sponsor: O'Scanlon, Declan J., Jr.. Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate Transportation Committee.

S 2517: Requires Petroleum Products Gross Receipts Tax rate reduction if certain Legislative action is taken that includes increases in other State tax rates and revenue; dedicates revenues from certain sales and use tax increases to "Transportation Trust Fund Account."

Plain-language summary

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