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Bill > A499


NJ A499

NJ A499
Requires detailed disclosure of information concerning required payments in lieu of property taxes to be provided to purchaser of real property constructed pursuant to financial agreement containing long term tax exemption.


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 would require that each new vehicle purchased by the State be a hybrid electric vehicle or electric vehicle, or a vehicle powered by fuel other than conventional fuel such as compressed natural gas, fuel cells, biodiesel, ultra low sulfur fuel, or any other motor vehicle fuel approved by the United States Environmental Protection Agency, unless no such mass produced or commonly available vehicle exists in the vehicle class being purchased. The bill notes that the vehicle purchase requirements will not apply to trains purchased by the State. The bill defines "hybrid electric vehicle" as a motor vehicle propelled by both an internal combustion engine and an electric motor or energy storage device, and "electric vehicle" as a motor vehicle propelled solely by an electric motor or energy storage device.

AI Summary

This bill requires that each new vehicle purchased by the State be a hybrid electric vehicle, an electric vehicle, or a vehicle powered by alternative fuels such as compressed natural gas, fuel cells, or biodiesel, unless no such vehicle is available in the class being purchased. The bill defines "hybrid electric vehicle" as a motor vehicle propelled by both an internal combustion engine and an electric motor, and "electric vehicle" as a motor vehicle propelled solely by an electric motor. The vehicle purchase requirements do not apply to trains purchased by the State.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 01/09/2024)

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