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Bill > S3642


NJ S3642

NJ S3642
Authorizes EDA to provide grants from "Global Warming Solutions Fund" to finance replacement of certain agricultural equipment.


summary

Introduced
02/27/2023
In Committee
02/27/2023
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Authorizes EDA to provide grants from "Global Warming Solutions Fund" to finance replacement of certain agricultural equipment.

AI Summary

This bill authorizes the New Jersey Economic Development Authority (EDA) to provide grants from the "Global Warming Solutions Fund" to finance the replacement of inefficient or polluting agricultural equipment with more efficient, less polluting equipment. The bill also requires the application process for such grants to include a demonstration that the old equipment has been permanently decommissioned. The "Global Warming Solutions Fund" is an existing fund that is used to support various initiatives to reduce greenhouse gas emissions and energy demand, including energy efficiency projects, renewable energy development, and programs for low-income and moderate-income residential customers, as well as local government efforts and forest and tidal marsh restoration.

Committee Categories

Agriculture and Natural Resources

Sponsors (3)

Last Action

Introduced in the Senate, Referred to Senate Environment and Energy Committee (on 02/27/2023)

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