Bill
Bill > A2669
NJ A2669
NJ A2669Dedicates $500,000 annually in revenues from vessel registration and renewal fees to NJ Greenwood Lake Fund.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill would establish the "New Jersey Greenwood Lake Fund" as a nonlapsing, revolving fund in the Department of Environmental Protection (DEP). The fund would be administered by the DEP, and credited annually with $500,000 in revenue from the New Jersey vessel registration and renewal fees from the "Maritime Industry Fund." The moneys would be used by the Greenwood Lake Commission for the protection, preservation, restoration, maintenance, management, and enhancement of the lake. Under the bill, moneys in the fund could be used without matching funds from the State of New York if the moneys are used solely for the protection, preservation, maintenance, management, or enhancement of the New Jersey side of Greenwood Lake. In addition, when joint funding is required by the Greenwood Lake Commission, the State of New York would not be required to provide moneys from a similar source as the State of New Jersey.
AI Summary
This bill would establish the "New Jersey Greenwood Lake Fund" within the Department of Environmental Protection (DEP) and dedicate $500,000 annually from vessel registration and renewal fees to the fund. The fund would be used by the Greenwood Lake Commission to protect, preserve, maintain, manage, and enhance the New Jersey side of Greenwood Lake, which is an interstate lake that supplies drinking water to millions of residents and is a popular destination for outdoor activities. The bill also allows the fund to be used without matching funds from New York and does not require New York to provide funds from a similar source when joint funding is required by the Greenwood Lake Commission.
Committee Categories
Agriculture and Natural Resources
Sponsors (2)
Last Action
Introduced, Referred to Assembly Environment, Natural Resources, and Solid Waste Committee (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/A2669 |
| BillText | https://pub.njleg.gov/Bills/2024/A3000/2669_I1.HTM |
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