New Jersey toll-road merger enacted

| 5/29/2003

Gov. James McGreevey signed legislation May 27 to merge the toll-road authorities that run the New Jersey Turnpike and the Garden State Parkway.

The new law enables the Turnpike to assume the operations, facilities and financial obligations of the New Jersey Highway Authority, which operates the Garden State Parkway.

The measure is intended to avoid toll hikes on the Parkway and eliminate 131 duplicate positions, The Star-Ledger reported.

The money saved – as much as $130 million over 14 years – would be reinvested for toll road improvements and to help offset the cost of installing E-ZPass.

S2352 breezed through the Senate by a 39-1 vote in March. The lower house approved the measure 43-26 on May 22.