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NJ S3166
NJ S3166Converts loan awarded to Barnegat Bay Decoy and Baymen's Museum from loan to grant.
summary
Introduced
10/03/2022
10/03/2022
In Committee
10/03/2022
10/03/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill amends an appropriations bill passed by the Legislature in 1999 that awarded $20 million in grants and loans from the "1996 Economic Development Site Fund" established pursuant to section 20 of the "Port of New Jersey Revitalization, Dredging, Environmental Cleanup, Lake Restoration, and Delaware Bay Area Economic Development Bond Act of 1996," P.L.1996, c.70. The funds were awarded to eight municipalities that had been recommended and approved to receive the money by the Economic Development Site Task Force. A grant in the amount of $250,000 and a loan in the amount of $1,250,000 were awarded to the Barnegat Bay Decoy and Baymen's Museum. This bill would convert the loan into a grant.
AI Summary
This bill amends a previous appropriations bill from 1999 that awarded $20 million in grants and loans from the "1996 Economic Development Site Fund" to eight municipalities. The bill specifically converts a $1.25 million loan awarded to the Barnegat Bay Decoy and Baymen's Museum into a $1.5 million grant, removing the loan component.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee (on 10/03/2022)
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/S3166 |
| BillText | https://pub.njleg.gov/Bills/2022/S3500/3166_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/S3500/3166_I1.PDF |
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