BillTrack50 logo
Free Signup Login
Bill

Bill > A779

NJ A779

NJ A779
Allows CRDA to finance certain highway projects outside of Atlantic City Tourism District.

summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill allows, notwithstanding the provisions of current law to the contrary, the Casino Reinvestment Development Authority ("authority") to enter into a contract or agreement with the State or the New Jersey Transportation Trust Fund Authority to provide for, or assist in, the financing of a highway project. The bill defines a "highway project" as the planning, acquisition, engineering, construction, reconstruction, or improvement of any highway with direct access to Atlantic City, if that project is within a 15 mile radius of the westernmost boundary of the Atlantic City Tourism District. Current law requires all available assets and revenues of the authority be devoted to the purposes of the Atlantic City Tourism District and community development in Atlantic City.

AI Summary

This bill allows the Casino Reinvestment Development Authority (CRDA) to enter into contracts or agreements with the State or the New Jersey Transportation Trust Fund Authority to finance highway projects that have direct access to Atlantic City and are within a 15-mile radius of the western boundary of the Atlantic City Tourism District. This is an exception to the current law that requires all of CRDA's available assets and revenues to be devoted to the purposes of the Atlantic City Tourism District and community development in Atlantic City.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Introduced, Referred to Assembly Tourism, Gaming and the Arts Committee (on 01/14/2020)
(1 Companion Bills)

bill text

bill summary

Loading...

bill summary

Loading...
Loading...