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Bill > S1359


NJ S1359

NJ S1359
Restores State fiscal year 2011 reductions to Garden State Preservation Trust payments in lieu of taxes; appropriates $3,400,000 to DCA.


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 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) provided to certain municipalities under the "Garden State Preservation Trust Act." Specifically, it 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 for distribution to eligible municipalities as PILOTs.

Committee Categories

Housing and Urban Affairs

Sponsors (4)

Last Action

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

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