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Bill > S1228


NJ S1228

NJ S1228
Allows certain airports to carry over certain grant money into future years.


summary

Introduced
02/03/2022
In Committee
06/22/2023
Crossed Over
02/02/2023
Passed
12/07/2023
Dead
Signed/Enacted/Adopted
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Allows certain airports to carry over certain grant money into future years.

AI Summary

This bill allows certain airports that have been awarded grants through the Airport Safety Fund or the Department of Transportation's Airport Improvement Program since January 1, 2019, to carry over the grant money into future fiscal years at the sole discretion of the Commissioner of Transportation, provided certain conditions are met, such as the airport obtaining necessary approvals, submitting an expenditure schedule, and ensuring the use of the funds is authorized. The Department of Transportation may also promulgate rules and regulations concerning the carryover of these grant funds.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (6)

Last Action

Approved P.L.2023, c.209. (on 01/08/2024)

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