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Bill > A967


NJ A967

NJ A967
Allows CRDA to finance certain highway projects outside of Atlantic City Tourism District.


summary

Introduced
01/09/2018
In Committee
01/09/2018
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 Regular Session

Bill Summary

This bill allows, notwithstanding the provisions of current law to the contrary, the Casino Reinvestment Development Authority ("authority") to enter into a contract or agreement with the State or the New Jersey Transportation Trust Fund Authority to provide for, or assist in, the financing of a highway project. The bill defines a "highway project" as the planning, acquisition, engineering, construction, reconstruction, or improvement of any highway with direct access to Atlantic City, if that project is within a 15 mile radius of the westernmost boundary of the Atlantic City Tourism District. Current law requires all available assets and revenues of the authority be devoted to the purposes of the Atlantic City Tourism District and community development in Atlantic City.

AI Summary

This bill allows the Casino Reinvestment Development Authority (CRDA), notwithstanding current law, to enter into contracts or agreements with the State or the New Jersey Transportation Trust Fund Authority to finance highway projects within a 15-mile radius of the westernmost boundary of the Atlantic City Tourism District. The bill defines a "highway project" as the planning, acquisition, engineering, construction, reconstruction, or improvement of any highway with direct access to Atlantic City. The current law requires all of CRDA's available assets and revenues to be devoted to the purposes of the Atlantic City Tourism District and community development in Atlantic City.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Introduced, Referred to Assembly Tourism, Gaming and the Arts Committee (on 01/09/2018)

bill text


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