Bill
Bill > A5722
summary
Introduced
08/23/2019
08/23/2019
In Committee
08/23/2019
08/23/2019
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 Regular Session
Bill Summary
This bill permits counties and municipalities to issue bonds to acquire alternative fuel automotive vehicles. Counties and municipalities are currently prohibited under the Local Bond Law, N.J.S.40A:2-1 et seq., from issuing bonds to finance the acquisition of passenger cars and station wagons, regardless of whether these vehicles are powered by alternative fuel sources. This bill amends the Local Bond Law to authorize the acquisition of any newly purchased alternative fuel automotive vehicle, including but not limited to electric vehicles, plug-in hybrid vehicles, hydrogen fuel cell vehicles, natural gas vehicles, and propane vehicles. The bill defines an "alternative fuel automotive vehicle" as any passenger car, station wagon, or other motor vehicle that is not solely propelled by gasoline or diesel fuel.
AI Summary
This bill permits counties and municipalities to issue bonds to acquire alternative fuel automotive vehicles, including but not limited to electric, plug-in hybrid, hydrogen fuel cell, natural gas, and propane vehicles. This amendment to the Local Bond Law authorizes the acquisition of these alternative fuel vehicles, which were previously prohibited from being financed through bonding.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
Introduced, Referred to Assembly State and Local Government Committee (on 08/23/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bills/BillView.asp?BillNumber=A5722 |
| BillText | https://www.njleg.state.nj.us/2018/Bills/A9999/5722_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/A9999/5722_I1.PDF |
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