Already a Bloomberg.com user?
Sign in with the same account.
TRENTON, N.J. (AP) — Some New Jersey mayors say they'll renew their push to get the state to return $800 million a year in energy taxes.
The money is paid by utilities in exchange for locating power lines and energy infrastructure in cities and towns. It's supposed to go directly to municipalities, but the state diverts it to the general fund.
Senate President Stephen Sweeney says the Legislature has required mayors to hold the line on spending and is asking them to share services while "we're basically picking their pockets."
Sweeney spoke at the annual "Mayors' Legislative Day" in Trenton Wednesday.
Gov. Chris Christie vetoed a bill that would have phased in a return of the money.
Republicans say proponents haven't identified how to offset the resulting shortage.