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NJ S4124
NJ S4124Modifies municipal Tourist Development Commission advertising disbursement requirement for advertising outside municipality.
summary
Introduced
11/30/2023
11/30/2023
In Committee
11/30/2023
11/30/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill modifies the requirement for a portion of the revenues allocated to a municipality's Tourist Development Commission (commission) to be disbursed for advertising outside the municipality from 50 percent to a percentage to be determined by the commission. This modification accounts for the change in advertising as a result of the technological advancement which has occurred since the passage of this law. This bill permits the commission to determine what percentage of the appropriated revenue is adequate for advertising outside of the municipality. This would make funds available for tourist development which would otherwise be mandated for use in advertising under current law.
AI Summary
This bill modifies the requirement for a municipality's Tourist Development Commission (commission) to disburse at least 50% of its allocated revenues for advertising outside the municipality. The bill allows the commission to determine the percentage of funds to be used for such external advertising, taking into account the technological changes that have occurred since the original law was passed. This change aims to make more funds available for tourism development within the municipality, rather than mandating a specific percentage for external advertising.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 11/30/2023)
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/S4124 |
| BillText | https://pub.njleg.gov/Bills/2022/S4500/4124_I1.HTM |
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