Bill

Bill > S1466


NJ S1466

NJ S1466
Concerns expenses to municipalities for tree purchase, planting, and removal.


summary

Introduced
02/01/2018
In Committee
02/01/2018
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 Regular Session

Bill Summary

This bill would allow the purchase, planting, and removal of trees and shrubbery to be categorized as capital expenditures. This would allow the municipality to issue 15 year bonds to address the cost of the expenses. This bill would also authorize a municipality to adopt an ordinance authorizing special emergency appropriations for the cost of purchasing, planting, and removing trees, following a natural disaster. This authorization would allow the municipality to issue special emergency notes to address the cost of the purchases.

AI Summary

This bill would allow the purchase, planting, and removal of trees and shrubbery to be categorized as capital expenditures, which would enable municipalities to issue 15-year bonds to address the cost of these expenses. Additionally, the bill authorizes municipalities to adopt an ordinance allowing for special emergency appropriations to cover the cost of purchasing, planting, and removing trees following a natural disaster, which would permit the issuance of special emergency notes to address these expenses.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 02/01/2018)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...