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Bill > S2462


NJ S2462

NJ S2462
Requires grants from federal COVID-19 relief programs be disbursed proportionally based on population.


summary

Introduced
02/05/2024
In Committee
02/05/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

To the extent consistent with federal law and regulations of the federal agencies involved, all federal funding for COVID-19 relief, aid, or stimulus provided to the State to disburse to local governments in the form of a grant program, and not already dispersed, committed, or incurred as of the effective date of the bill, would be disbursed proportionally according to population with no minimum population required to receive federal funding. Prior to enactment of the bill, the Department of the Treasury, in consultation with the Department of Community Affairs, the Department of Health, and the New Jersey Economic Development Authority, would be required to promulgate regulations, and post the regulations on its Internet website, defining the new criteria for the grant programs, based on need, for local governments to apply. The bill would take effect 90 days after enactment and shall expire upon the disbursement of all federal COVID-19 grant monies for local governments.

AI Summary

This bill requires that all federal COVID-19 relief, aid, or stimulus funding provided to the State of New Jersey to disburse to local governments in the form of a grant program, and not already dispersed, committed, or incurred, be disbursed proportionally according to population with no minimum population required to receive federal funding. Prior to enactment, the Department of the Treasury, in consultation with other state agencies, must promulgate regulations defining the new criteria for the grant programs based on need, and post the regulations on the department's website. The bill takes effect 90 days after enactment and expires upon the disbursement of all federal COVID-19 grant monies for local governments.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 02/05/2024)

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