Bill
Bill > A702
summary
Introduced
01/09/2018
01/09/2018
In Committee
01/09/2018
01/09/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 Regular Session
Bill Summary
This bill amends an appropriations bill passed by the Legislature in 1999 that awarded $20 million in grants and loans from the "1996 Economic Development Site Fund" established pursuant to section 20 of the "Port of New Jersey Revitalization, Dredging, Environmental Cleanup, Lake Restoration, and Delaware Bay Area Economic Development Bond Act of 1996," P.L.1996, c.70. The funds were awarded to eight municipalities that had been recommended and approved to receive the money by the Economic Development Site Task Force. A grant in the amount of $250,000 and a loan in the amount of $1,250,000 were awarded to the Barnegat Bay Decoy and Baymen's Museum. This bill would convert the loan into grant.
AI Summary
This bill converts a $1,250,000 loan awarded to the Barnegat Bay Decoy and Baymen's Museum from the "1996 Economic Development Site Fund" into a $1,500,000 grant. The original appropriations bill passed in 1999 provided $20 million in grants and loans to eight municipalities for economic development projects in the Delaware River and Bay Region. This change affects the funding awarded specifically to the Barnegat Bay Decoy and Baymen's Museum, converting the previous loan portion into a full grant.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Introduced, Referred to Assembly Appropriations Committee (on 01/09/2018)
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/2018/Bills/A1000/702_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/A1000/702_I1.PDF |
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