# New Jersey S2517: Requires Petroleum Products Gross Receipts Tax rate reduction if certain Legislative action is taken that includes increases in other State tax rates and revenue; dedicates revenues from certain sales and use tax increases to "Transportation Trust Fund Account."

New Jersey S2517, Requires Petroleum Products Gross Receipts Tax rate reduction if certain Legislative action is taken that includes increases in other State tax rates and revenue; dedicates revenues from certain sales and use tax increases to "Transportation Trust Fund Account.", is a 221st Legislature (2026-2027) Senate bill sponsored by Declan J. O'Scanlon Jr. (Republican); status in committee, last action 2026-01-13 (Introduced, 1st Reading in Senate, Referred to Senate Transportation Committee) (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/NJ-S2517-2026-2027
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New Jersey S2517
- State: New Jersey
- Session: 221st Legislature (2026-2027)
- Title: Requires Petroleum Products Gross Receipts Tax rate reduction if certain Legislative action is taken that includes increases in other State tax rates and revenue; dedicates revenues from certain sales and use tax increases to "Transportation Trust Fund Account."
- Status: in committee
- Chamber: Senate
- Introduced: 2026-01-13
- Last action: 2026-01-13, Introduced, 1st Reading in Senate, Referred to Senate Transportation Committee
- Sponsor: Declan J. O'Scanlon Jr. (Republican)
- Cosponsors: 0
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Declan J. O'Scanlon Jr. (Republican), Senate

## Actions (1)

- 2026-01-13: Introduced, 1st Reading in Senate, Referred to Senate Transportation Committee (Senate)

## Bill text

- As Introduced, 2026-01-06: [HTML](https://pub.njleg.state.nj.us/Bills/2026/S3000/2517_I1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2026/S3000/2517_I1.PDF)

## Related bills

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## Sources
- [As Introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2026/S3000/2517_I1.HTM)
- [As Introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2026/S3000/2517_I1.PDF)

## Related
- [S1395: Allows certain limited liability companies to terminate alternate names before…](https://policyrisk.com/state-bill/NJ-S1395-2026-2027)
- [S4420: Authorizes regional rehabilitation and reentry center authority to determine co…](https://policyrisk.com/state-bill/NJ-S4420-2026-2027)
- [S4515: Authorizes dual employment by certain employees of Rutgers University and affil…](https://policyrisk.com/state-bill/NJ-S4515-2026-2027)
- [S4413: Establishes School-based Partnerships for Access and Resilience for Kids progra…](https://policyrisk.com/state-bill/NJ-S4413-2026-2027)
- [S2962: Provides seniority service credit to educational support professionals for mili…](https://policyrisk.com/state-bill/NJ-S2962-2026-2027)
- [A4072: Establishes minimum qualifications for persons employed on public works contrac…](https://policyrisk.com/state-bill/NJ-A4072-2026-2027)
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Source: PRIA, https://policyrisk.com/state-bill/NJ-S2517-2026-2027 (as of 2026-10-12).