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Bill > S1892
NJ S1892
NJ S1892Authorizes certain boards of education to issue bonds to repair damages caused by natural disasters in certain circumstances.
summary
Introduced
03/03/2022
03/03/2022
In Committee
12/14/2023
12/14/2023
Crossed Over
12/21/2023
12/21/2023
Passed
12/21/2023
12/21/2023
Dead
Signed/Enacted/Adopted
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Authorizes certain boards of education to issue bonds to repair damages caused by natural disasters in certain circumstances.
AI Summary
This bill authorizes certain Type II school districts without a board of school estimate to issue bonds, without voter approval, to finance the costs of repairing school facilities and other equipment that were damaged due to a natural disaster. The bill also allows for the issuance of such bonds for Type II school districts under full or partial state intervention, without the approval of the capital project control board. The bonds must be approved by the board of education or the state district superintendent, and the principal and interest on the bonds will be repaid using the school district's funds. The bill provides an expedited approval process for the school facilities project if it is eligible for state debt service aid.
Committee Categories
Business and Industry, Education, Government Affairs
Sponsors (2)
Last Action
Approved P.L.2023, c.211. (on 01/08/2024)
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/2022/S1892 |
| BillText | https://pub.njleg.gov/Bills/2022/S2000/1892_R1.HTM |
| Analysis - Statement ASL 12/14/23 | https://pub.njleg.gov/Bills/2022/S2000/1892_S3.PDF |
| Analysis - Statement AFI 1/12/23 | https://pub.njleg.gov/Bills/2022/S2000/1892_S2.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S2000/1892_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/S2000/1892_I1.PDF |
| Analysis - Statement SED 5/9/22 | https://pub.njleg.gov/Bills/2022/S2000/1892_S1.PDF |
| Statement SED 5/9/22 | https://www.njleg.state.nj.us/Bills/2022/S2000/1892_S1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S2000/1892_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S2000/1892_I1.PDF |
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