Bill
Bill > S151
NJ S151
NJ S151Authorizes CRDA to finance transportation projects between Atlantic City Airport and Atlantic City Tourism District.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
01/09/2024
01/09/2024
Dead
01/09/2024
01/09/2024
Signed/Enacted/Adopted
01/09/2024
01/09/2024
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill authorizes the Casino Reinvestment Development Authority ("authority") to enter into a contract or agreement with the State or the New Jersey Transportation Trust Fund Authority to provide for, or assist in, the financing of a transportation project. The bill defines a "transportation project" as the planning, acquisition, engineering, construction, reconstruction, or improvement of any highway transportation project or public transportation project which provides direct access between the Atlantic City Airport and the Atlantic City Tourism District. Current law requires all available assets and revenues of the authority be devoted to the purposes of the Atlantic City Tourism District and community development in Atlantic City, or the enhancement of air service at the Atlantic City Airport, or the provision of transportation service between the Atlantic City Airport and the Atlantic City Tourism District. Current law requires all available assets and revenues of the authority be devoted to the purpose of the Atlantic City Tourism District and community development in Atlantic City.
AI Summary
This bill authorizes the Casino Reinvestment Development Authority (CRDA), a state agency responsible for economic development in Atlantic City, to enter into agreements to finance transportation projects that directly connect the Atlantic City Airport and the Atlantic City Tourism District, which is a designated area within Atlantic City focused on tourism and entertainment. Previously, the CRDA's assets and revenues were primarily dedicated to the tourism district, community development, or enhancing air service and transportation to the airport. This legislation expands the CRDA's authority to specifically fund projects like highways or public transit that improve access between the airport and the tourism district, or to enhance air service and transportation to the airport.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Withdrawn Because Approved P.L.2023, c.269. (on 01/09/2024)
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/2024/S151 |
| BillText | https://pub.njleg.gov/Bills/2026/S0500/151_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/S0500/151_I1.HTM |
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