N. J. Assembly Panel Approves Transportation Trust Fund Bills

Cataldo, Adam L.
March 2006
Bond Buyer;3/10/2006, Vol. 355 Issue 32336, p3
Trade Publication
The article reports that two legislative bills designed to overhaul the New Jersey Transportation Trust Fund (TTF) were voted out of committee in the Assembly. Republicans voted against one of the measures because, according to them, it relies on long-term debt. The legislation is meant to refinance $1.8 billion of the TTF outstanding $12.3 billion debt.


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