The good news for Jersey drivers is that if congestion pricing is approved, it will be $6 cheaper than officials planned for it to be earlier this year. But that comes with tradeoffs, such as a lower credit for tunnel tolls and “phased approach” that will inch tolls back up to the original $15 mark by 2031.

The governor is renewing plans to start the tolling program, but at discounted rates. Ms. Hochul said it will generate $15 billion for mass transit.