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Bill > S154


NJ S154

NJ S154
Concerns expenses to municipalities for tree purchase, planting, and removal.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill allows local government units to finance the purchase, planting, and removal of trees and shrubbery through the issuance of long-term and short-term debt. The bill amends the "Local Bond Law" to provide that the purchase, planting, and removal of trees and shrubbery constitutes a period of usefulness of 15 years. Consequently, the bill permits local government units to issue 15-year bonds to defray the costs of these expenses. The bill also amends the "Local Budget Law" to permit a local government unit to adopt a special emergency appropriation for the purchase, planting, and removal of trees and shrubbery following a natural disaster. This authorization would allow the local government unit to issue special emergency notes to defray the costs of these expenses.

AI Summary

This bill allows local government units, such as municipalities, to finance the purchase, planting, and removal of trees and shrubbery by issuing long-term and short-term debt. Specifically, it amends the "Local Bond Law" to establish a "period of usefulness" of 15 years for these tree-related expenses, meaning municipalities can issue 15-year bonds to cover these costs. Additionally, it modifies the "Local Budget Law" to permit local governments to enact special emergency appropriations for tree and shrubbery work following a natural disaster, allowing them to issue special emergency notes to fund these immediate needs.

Committee Categories

Housing and Urban Affairs

Sponsors (3)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/13/2026)

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