Bill
Bill > A920
summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill amends an appropriations bill passed by the Legislature in 1999 that awarded $20 million in grants and loans from the "1996 Economic Development Site Fund" established pursuant to section 20 of the "Port of New Jersey Revitalization, Dredging, Environmental Cleanup, Lake Restoration, and Delaware Bay Area Economic Development Bond Act of 1996," P.L.1996, c.70. The funds were awarded to eight municipalities that had been recommended and approved to receive the money by the Economic Development Site Task Force. A grant in the amount of $250,000 and a loan in the amount of $1,250,000 were awarded to the Barnegat Bay Decoy and Baymen's Museum. This bill would convert the loan into grant.
AI Summary
This bill amends a 1999 appropriations bill to convert a $1,250,000 loan awarded to the Barnegat Bay Decoy and Baymen's Museum into a $1,500,000 grant. The original 1999 bill allocated $20 million in grants and loans from the "1996 Economic Development Site Fund" to various economic development projects in the Delaware River and Bay Region, including the $1,250,000 loan to the Barnegat Bay Decoy and Baymen's Museum. This bill changes the loan to the museum into a full $1,500,000 grant, providing additional funding for the museum's economic development efforts.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Introduced, Referred to Assembly Appropriations Committee (on 01/14/2020)
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/bill-search/2020/A920 |
| BillText | https://www.njleg.state.nj.us/Bills/2020/A1000/920_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2020/A1000/920_I1.PDF |
| BillText | https://www.njleg.state.nj.us/2020/Bills/A1000/920_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A1000/920_I1.PDF |
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