State Takes Steps to Tap into $72.2M Volkswagen Settlement

The state yesterday took a step to obtain $72.2 million to fund a variety of programs to curb emissions from the transportation sector, the biggest source of air pollution in New Jersey.

By a 27-7 vote, the Senate approved a bill (S-3029) that would allow the state to tap into its share of funds from a $1.2 billion court settlement with Volkswagen arising from the manufacturer’s admission that it installed software to cheat on emissions tests on millions of vehicles.

The legislation, sponsored by Sen. Bob Smith (D-Middlesex), lays out a framework indicating where money from the settlement will be spent, with at least 15 percent of the funds going to help build charging stations for electric cars and other zero-emission vehicles, such as hydrogen cars.

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