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Bill > A2873


NJ A2873

NJ A2873
Allows certain airports to carry over certain grant money into future years.


summary

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

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill allows general aviation airports in the State to carry over grant money from the Airport Safety Fund and the Department of Transportation's (department) Airport Improvement Program into future fiscal years at the sole discretion of the Commissioner of Transportation (commissioner). In addition to approval by the commissioner, the airport is required to have applied for municipal and county approvals, submitted a schedule of the expected expenditure of the funds to the department, and used the money for a purpose authorized under the grant agreement or applicable State law. However, the carry over authorized pursuant to the bill cannot be incompatible with federal aid and assistance overseen by the department.

AI Summary

This bill allows general aviation airports in the State to carry over grant money from the Airport Safety Fund and the Department of Transportation's Airport Improvement Program into future fiscal years at the sole discretion of the Commissioner of Transportation, provided certain conditions are met, such as the airport obtaining necessary approvals, submitting a schedule of expected expenditures, and using the funds for authorized purposes. The carry over must also be compatible with federal aid and assistance overseen by the Department of Transportation.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Withdrawn Because Approved P.L.2023, c.209. (on 01/09/2024)

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