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Bill > S301
NJ S301
NJ S301Restores State fiscal year 2011 reductions to Garden State Preservation Trust payments in lieu of taxes; appropriates $3,400,000 to DCA.
summary
Introduced
01/12/2016
01/12/2016
In Committee
05/12/2016
05/12/2016
Crossed Over
05/09/2016
05/09/2016
Passed
Dead
01/08/2018
01/08/2018
Introduced Session
2016-2017 Regular Session
Bill Summary
This bill would mandate the restoration of reductions to open space payments in lieu of taxes (PILOT) provided to certain municipalities pursuant to the "Garden State Preservation Trust Act," P.L.1999, c.152 (C.13:8C-1 et seq). Specifically, this bill requires the State to pay annually each municipality an amount not less than its PILOT in State fiscal year 2010. The State fiscal year 2011 appropriations act reduced the appropriation for this program by one-third, from $9.824 million to $6.473 million. Payments to municipalities that received less than $5,000 in the previous fiscal year were eliminated. These payments are made from the General Fund and not from moneys constitutionally dedicated for the purposes of the Garden State Preservation Trust. This bill appropriates $3.4 million form the General Fund to the Department of Community Affairs for distribution to eligible municipalities as PILOTs.
AI Summary
This bill would mandate the restoration of reductions to open space payments in lieu of taxes (PILOT) made to certain municipalities under the "Garden State Preservation Trust Act." Specifically, it requires the state to pay each municipality at least the same PILOT amount as it did in fiscal year 2010, reversing a one-third reduction implemented in fiscal year 2011. The bill also appropriates $3.4 million from the General Fund to the Department of Community Affairs for distribution to eligible municipalities as PILOT payments.
Committee Categories
Agriculture and Natural Resources, Housing and Urban Affairs
Sponsors (3)
Last Action
Received in the Assembly, Referred to Assembly Agriculture and Natural Resources Committee (on 05/12/2016)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2016/Bills/S0500/301_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/S0500/301_I1.PDF |
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