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Bill > A4092


NJ A4092

NJ A4092
Allows certain airports to carry over certain grant money into future years.


summary

Introduced
05/26/2022
In Committee
06/22/2023
Crossed Over
Passed
Dead
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 any unused grant money into future fiscal years, at the sole discretion of the Commissioner of Transportation. The airports must meet certain conditions, such as obtaining necessary approvals, submitting a schedule of expected expenditures, and ensuring the carryover is compatible with federal aid. The Department of Transportation may also promulgate rules and regulations regarding the carryover of these grant funds.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (4)

Last Action

Substituted by S1228 (2R) (on 12/07/2023)

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