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Bill > A805
NJ A805
NJ A805Restores State fiscal year 2011 reductions to Garden State Preservation Trust payments in lieu of taxes; appropriates $3,400,000 to DCA.
summary
Introduced
01/27/2016
01/27/2016
In Committee
01/27/2016
01/27/2016
Crossed Over
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 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 from the General Fund to the Department of Community Affairs to eligible municipalities as PILOTs.
AI Summary
This bill would mandate the restoration of reductions to open space payments in lieu of taxes (PILOT) provided to certain municipalities under the "Garden State Preservation Trust Act." The bill requires the State to pay each eligible municipality an amount not less than its PILOT in State fiscal year 2010, as the State fiscal year 2011 appropriations act had reduced the appropriation for this program by one-third. The bill also appropriates $3.4 million from the General Fund to the Department of Community Affairs to distribute to eligible municipalities as the difference between their PILOT payments in fiscal years 2010 and 2011.
Committee Categories
Agriculture and Natural Resources
Sponsors (2)
Last Action
Introduced, Referred to Assembly Agriculture and Natural Resources Committee (on 01/27/2016)
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/A1000/805_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/A1000/805_I1.PDF |
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