Bill

Bill > S221


NJ S221

NJ S221
Concerns expenses to municipalities for tree purchase, planting, and removal.


summary

Introduced
01/14/2020
In Committee
03/05/2020
Crossed Over
03/05/2020
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill would allow the purchase, planting, and removal of trees and shrubbery to be categorized as capital expenditures. This would allow the municipality to issue 15 year bonds to address the cost of the expenses. This bill would also authorize a municipality to adopt an ordinance authorizing special emergency appropriations for the cost of purchasing, planting, and removing trees, following a natural disaster. This authorization would allow the municipality to issue special emergency notes to address the cost of the purchases.

AI Summary

This bill would allow the purchase, planting, and removal of trees and shrubbery to be categorized as capital expenditures, which would enable municipalities to issue 15-year bonds to address the cost of these expenses. The bill would also authorize municipalities to adopt an ordinance allowing for special emergency appropriations to purchase, plant, and remove trees following a natural disaster, and to issue special emergency notes to cover these costs.

Committee Categories

Business and Industry, Housing and Urban Affairs

Sponsors (2)

Last Action

Received in the Assembly, Referred to Assembly Consumer Affairs Committee (on 03/05/2020)

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