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Bill > S708

NJ S708

NJ S708
Modifies municipal Tourist Development Commission advertising disbursement requirement for advertising outside municipality.

summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 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 funds for advertising outside the municipality. The bill permits the commission to determine the appropriate percentage for external advertising, taking into account the changes in advertising practices due to technological advancements since the original law was passed. This allows the commission to allocate more funds for general tourist development activities within the municipality, rather than being mandated to spend a minimum of 50% on 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 01/09/2024)
(1 Companion Bills)

bill text

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Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2024/S708
BillText https://pub.njleg.gov/Bills/2024/S1000/708_I1.HTM
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