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Speaker Prieto Statement on Assembly Approving Pivotal Transportation Funding Bills

(TRENTON) – Assembly Speaker Vincent Prieto (D-Hudson/Bergen) released the following statement Friday after the Assembly voted to give final approval to two bills (A-10 and A-12) that will replenish the Transportation Trust Fund:

“This day is too long in coming, but it’s a pivotal day for New Jersey’s future.

“I was disheartened by the impasse and the terrible impact it was having on so many New Jerseyans, but I stayed focused on getting everyone in the same room and finding a compromise. I’m pleased to see that work come to fruition.

“We’ve ensured a stronger New Jersey and a safer New Jersey. We’ve put laborers back to work. We’ve taken a major step toward finally bringing New Jersey a 21st century infrastructure that will keep and attract businesses, leading to more jobs, better paying jobs and improved public safety.

“I’ve long advocated for reliable roads, bridges and mass transit that will grow our economy and benefit everyone, even when it wasn’t politically expedient to do so. No one wants to pay more in gas taxes, but when all is said and done, average New Jersey families should see a net savings in taxes and vehicle repairs. The sales tax cut will help everyone. Tax savings for the working poor is always a priority for me. Tax savings for retirees is long overdue. Tax savings for veterans is part of our obligation to them.

“This is a best deal we could get that would be signed into law, and I’m pleased by the progress and the chance at a better future for our state. Now, hopefully voters in November will agree to my proposal to permanently dedicate all fuel tax revenue for transportation purposes.”