NJ Transit considers surcharge to pay for Hudson River rail tunnel project
The fee would generate $1.9 billion for NJ Transit's share of the project.
NEWARK, N.J. — Under a plan by NJ Transit, New York-bound rail commuters would pay a per-trip surcharge to finance the state's share of construction costs for new $12.9 billion Hudson River rail tunnels, NJ Advance Media reports.
NJ Transit detailed the plan in a letter to the U.S. Department of Transportation, under which city rail commuters would pay a 90 cent per-trip surcharge to fund the tunnel project starting in 2020. The surcharge would jump to $1.70 in 2028 and to $2.20 in 2038, according to the report.
The fee would generate $1.9 billion for NJ Transit's share of the project. For the full story, click here.
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