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Essex County urges state to restore corporate surcharge to shore up NJ Transit funding
Summary
The Essex County Board of Commissioners approved a resolution urging state leaders to extend a corporate business tax surcharge to provide dedicated funding for NJ Transit and other infrastructure, a move supporters said would restore roughly $1 billion in revenue and help avert service cuts and fare hikes.
The Essex County Board of Commissioners on Monday adopted a resolution urging state lawmakers and the governor to extend and dedicate the corporate business tax (CBT) surcharge as a revenue source for New Jersey Transit and infrastructure projects.
The resolution, sponsored by Commissioner Gill and the board president, passed by acclamation and roll call. Eric Benson, who identified himself as a housing, environmental and labor advocate and a retired…
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