New Jersey policymakers face a July 1 deadline to come up with a way to avert the impending insolvency of the state’s Transportation Trust Fund. Meanwhile, Connecticut Gov. Dannel Malloy agreed last month to divert $50 million in sales tax revenues intended for his state’s Special Transportation Fund to help close a $1 billion budget deficit for the 2017 fiscal year. Such diversions have become commonplace in Connecticut and other states. Last December, Malloy called for a constitutional “lockbox” to prevent future diversions as a number of states have employed, but lawmakers could not agree this spring to put the measure on the November ballot. These stories return the spotlight to trust funds and lockboxes, which were the subject of a CSG Capitol Research brief last year.