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Bill > S3511


NJ S3511

NJ S3511
Appropriates $393,480,000 from "New Jersey Debt Defeasance and Prevention Fund"; establishes process for authorizing future appropriations for debt defeasance and capital projects.


summary

Introduced
06/24/2024
In Committee
06/26/2024
Crossed Over
06/28/2024
Passed
06/28/2024
Dead
Signed/Enacted/Adopted
06/28/2024

Introduced Session

2024-2025 Regular Session

Bill Summary

An Act concerning the "New Jersey Debt Defeasance and Prevention Fund" and making appropriations.

AI Summary

This bill appropriates $393,480,000 from the "New Jersey Debt Defeasance and Prevention Fund" for various capital improvement projects, including Liberty State Park, a secure juvenile facility, a State Police Training Center, a forensic laboratory, capital construction projects recommended by the New Jersey Commission on Capital Budgeting and Planning, renovations to veterans' homes, and upgrades to the New Jersey State Enterprise Data Center. The bill also establishes a process for authorizing future appropriations from the fund for debt defeasance and additional capital projects, subject to approval by the Joint Budget Oversight Committee.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Approved P.L.2024, c.18. (on 06/28/2024)

bill text


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