Bill Text: NJ A848 | 2024-2025 | Regular Session | Introduced
Bill Title: Makes supplemental appropriation of $35 million to "Urban and Rural Centers Unsafe Buildings Demolition Revolving Loan Fund."
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced) 2024-01-09 - Introduced, Referred to Assembly Community Development and Women's Affairs Committee [A848 Detail]
Download: New_Jersey-2024-A848-Introduced.html
STATE OF NEW JERSEY
221st LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2024 SESSION
Sponsored by:
Assemblywoman VERLINA REYNOLDS-JACKSON
District 15 (Hunterdon and Mercer)
Assemblyman BENJIE E. WIMBERLY
District 35 (Bergen and Passaic)
Assemblyman REGINALD W. ATKINS
District 20 (Union)
SYNOPSIS
Makes supplemental appropriation of $35 million to "Urban and Rural Centers Unsafe Buildings Demolition Revolving Loan Fund".
CURRENT VERSION OF TEXT
Introduced Pending Technical Review by Legislative Counsel.
A Supplement to "An Act making appropriations for the support of the State Government and the several public purposes for the fiscal year ending June 30, 2023 and regulating the disbursement thereof," approved, June 30, 2022 (P.L.2022, c.49).
Be It Enacted by the Senate and the General Assembly of the State of New Jersey:
1. In addition to the amounts appropriated under P.L.2022, c.49), the annual appropriations act for Fiscal Year 2022-2023, there is appropriated out of the General Fund the following sum for the purpose specified:
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22 DEPARTMENT OF COMMUNITY AFFAIRS 40 Community Development and Environmental Management 41 Community Development Management
STATE AID |
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06-8015 |
Uniform Construction Code ................................. |
$35,000,000 |
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Total State Aid Appropriation, Community Development Management .......................... |
$35,000,000 |
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State Aid: |
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06 |
Urban and Rural Centers Unsafe Buildings Demolition Revolving Loan Fund (P.L.1997, c.125) ..... |
($35,000,000) |
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2. This act shall take effect immediately.
STATEMENT
This bill provides a supplemental appropriation of $35 million from the General Fund to the "Urban and Rural Centers Unsafe Buildings Demolition Revolving Loan Fund." This fund was established pursuant to P.L.1997, c.125 to assist municipalities with building demolition and disposal projects.
