A410

New Jersey A410 mandates public hearings and legislative committee appearances for toll increases by NJTA and SJTA, limiting annual toll hikes to 2%.

New Jersey A410 requires the New Jersey Turnpike Authority (NJTA) and the South Jersey Transportation Authority (SJTA) to hold public hearings and appear before legislative committees before implementing toll increases. The bill mandates that these authorities provide detailed explanations for any proposed toll increases, including financial justification, impact on commuters and businesses, revenue use, and alternative options. Additionally, the bill prohibits NJTA and SJTA from increasing tolls or charges by more than 2% in any five-year period.