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New Jersey budget plan calls for more transit aid, pension payments

New Jersey budget plan calls for more transit aid, pension payments
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.

New jerseyUnited statesPhil murphyJimmy carterKroll bond rating agencyProperty tax relief programPrevention fundChoice savings programFitch ratingsEdwinj torres nj governor officePolice training centerMoody investors servicePhil murphy tuesdayCorporate transit feePresident jimmy carterDebt defeasance

Transit Briefs: Amtrak, NJ Transit, SEPTA, Brightline

Transit Briefs: Amtrak, NJ Transit, SEPTA, Brightline
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Murphy proposes corporate fee to fund NJ Transit

During his budget address at the Statehouse Tuesday Gov. Phil Murphy proposed a 2.5% Corporate Transit Fee on corporations with more than $10 million in annual profit.

New yorkUnited statesNew jerseyDan alexanderPhil murphyAlex ambroseAndrew millerKevin corbettMichele siekerkaRussell sullivanErin vogtJersey business industry associationCorporate transit feePresident kevin corbettPhoto creditNew york city

Murphy s $55 9 billion budget includes plan for NJ Transit by taxing businesses

A long-sought funding source for the state's transit agency would add 2.5 percent fee on largest corporations

New jerseyUnited statesTammy murphyPhil murphyElizabeth muoioChris christieAssembly speaker craig coughlinCorporate transit feeNew jersey transitAssembly speaker craigTreasurer elizabeth muoioSammy murphyProperty taxBusiness taxesTransit taxSenior administration official

Read Gov Murphy s full NJ budget address for fiscal year 2025

Read the full text of Gov. Phil Murphy's prepared remarks for his fiscal year 2025 budget address, delivered Feb. 27, 2024 at the Statehouse.

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