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Bill > A4054


NJ A4054

NJ A4054
Establishes New Jersey Veterans' Organization Building Grant Program.


summary

Introduced
05/19/2022
In Committee
05/19/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill establishes the New Jersey Veterans' Organization Building Grant Program. The bill establishes a grant program in the Economic Development Authority that will support veterans' organizations and their building needs, throughout the State. These organizations, such as VFW posts, could be in need of new buildings or could have buildings that are in need of repair. Grants will be awarded when the buildings are used to assist veterans. In order to award the grants, this bill establishes a fund in the Department of the Treasury, to be known as the "Veterans' Organization Building Grant Fund." This grant program will be funded by the Legislature through yearly appropriations to the fund. The grant program also allows New Jersey taxpayers to voluntarily contribute a portion of their tax refund, or enclose a separate contribution, for the fund. There is appropriated from the General Fund $2,000,000 to the Economic Development Authority to fund the "Veterans' Organization Building Grant Program."

AI Summary

This bill establishes the New Jersey Veterans' Organization Building Grant Program in the Economic Development Authority. The purpose of this program is to provide grants to veterans' organizations, such as VFW posts, to assist with the rehabilitation of existing buildings or the purchase of new buildings used to support veterans in the state. The bill creates a special fund called the "Veterans' Organization Building Grant Fund" in the Department of the Treasury to receive voluntary contributions from New Jersey taxpayers, and the Legislature is required to annually appropriate the funds in the grant program. The bill also appropriates $2 million from the General Fund to the Economic Development Authority to fund the grant program.

Committee Categories

Military Affairs and Security

Sponsors (5)

Last Action

Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 05/19/2022)

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