Bill

Bill > S3365


NJ S3365

NJ S3365
Permits board of chosen freeholders to establish "Sharing Resources" grant and loan program to encourage shared services and municipal consolidation.


summary

Introduced
06/03/2024
In Committee
06/03/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill permits the board of county commissioners of any county to establish a "Sharing Resources" grant and loan program for local units within the county that plan to study the feasibility of a shared service agreement, a joint meeting contract, or municipal consolidation. Grant and loan monies may be used to fund studies, consultant costs and one-time start-up costs of a shared service agreement, joint meeting contract, or municipal consolidation. The board of county commissioners, in consultation with the Commissioner of Community Affairs, may promulgate rules and regulations necessary to effectuate the purposes of its program. The Commissioner of Community Affairs is required to provide common guidelines and procedures for the submission of grant applications to a county "Sharing Resources" grant program. Applications for one-time start-up costs are required to provide that local units may apply for financial assistance for the one-time start-up costs necessary to implement shared services. Costs that may be financed through the issuance of debt or capital lease agreements are excluded from this program. The board of county commissioners may set limits on aid awards and negotiate the various provisions, costs, payment provisions, and amounts of grants or loans to ensure that the proposed shared service is cost effective and in the public interest. The board of county commissioners may also provide technical support programs to assist local units in applying for grants or aid for studying shared services. The board of county commissioners may receive and expend moneys from the State, the federal government, or private individuals, corporations or associations thereof, to meet all or a portion of the expenses of the "Sharing Resources" grant and loan program, and may raise by taxation, pursuant to R.S.40:23-7, all or a portion of the money necessary to pay for the program.

AI Summary

This bill permits the board of county commissioners of any county to establish a "Sharing Resources" grant and loan program for local units within the county that plan to study the feasibility of a shared service agreement, a joint meeting contract, or municipal consolidation. The grant and loan monies can be used to fund studies, consultant costs, and one-time start-up costs. The Commissioner of Community Affairs is required to provide common guidelines and procedures for the submission of grant applications, and local units can apply for financial assistance for one-time start-up costs, excluding costs that can be financed through debt or capital leases. The board of county commissioners can set limits on aid awards, negotiate the provisions and amounts of grants or loans, and provide technical support to assist local units in applying for grants or aid for studying shared services. The board can also receive and expend funds from the state, federal government, or private sources to meet the expenses of the program and can raise funds through taxation to pay for the program.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 06/03/2024)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...