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Bill > S4629
NJ S4629
NJ S4629Requires Rutgers University study economic impact of military installations in NJ; appropriates $155,000.
summary
Introduced
06/23/2025
06/23/2025
In Committee
06/23/2025
06/23/2025
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill requires the Bloustein School of Planning and Public Policy of Rutgers, The State University, through its Economic Advisory Service, to study the economic impact of the military installations in New Jersey to determine the overall impact of the installations upon the State gross domestic product. The purpose of the analysis is to: provide data-driven insights to deliver a thorough understanding of the economic impacts of proposed operating and capital budgets for all military installations within the State, including direct and indirect impacts at the State and county levels; evaluate the benefits and provide an objective review of potential construction and infrastructure projects, military and civilian employment, and State and local tax generation; and support strategic decision-making to serve as a foundation for evidence-based resource allocation and long-term planning while identifying potential weaknesses and threats. The Bloustein School is a recognized authority in this field and conducted similar studies in 2010 and 2013. The new study will provide up-to-date information for State policymakers. The insights derived from the analysis will enable informed, strategic, and impactful decisions that foster economic growth and prosperity. The bill appropriates $155,000 to Rutgers, The State University, to perform the study.
AI Summary
This bill requires the Rutgers Economic Advisory Service in the Bloustein School of Planning and Public Policy to conduct a comprehensive study on the economic impact of military installations in New Jersey. The study aims to provide in-depth analysis of the installations' effects on the state's gross domestic product, including examining proposed operating and capital budgets, evaluating potential construction and infrastructure projects, assessing military and civilian employment, and analyzing state and local tax generation. The bill defines a "military installation" as any base, camp, post, station, or facility under the Department of Defense's jurisdiction within the state, excluding primarily civil works projects. Rutgers will be authorized to use state, county, and municipal resources to complete the study and will have the flexibility to hire staff, consult experts, and cover necessary expenses. The university is mandated to submit a report to the Governor and Legislature within one year of the act's effective date. To support this research, the bill appropriates $155,000 from the General Fund to Rutgers, The State University, leveraging the school's previous experience in conducting similar economic impact studies in 2010 and 2013.
Committee Categories
Military Affairs and Security
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee (on 06/23/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S4629 |
BillText | https://pub.njleg.gov/Bills/2024/S5000/4629_I1.HTM |
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