Sponsored by:
Senator ANTHONY M. BUCCO
District 25 (Morris and Passaic)
SYNOPSIS
Increases certain power vessel operator license fees and amount dedicated from license fees to Lake Hopatcong Fund.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning funding for Lake Hopatcong and amending P.L.1995, c.401.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. Section 4 of P.L.1995, c.401 (C.12:7-73) is amended to read as follows:
4. a. The fee for a 48-month power vessel operator's license required pursuant to section 3 of P.L.1995, c.401 (C.12:7-72) shall be [$18] $30 and shall be paid to the Chief Administrator of the New Jersey Motor Vehicle Commission. Of the revenue derived from the fees imposed by this subsection, beginning July 1 following the date of enactment of [P.L.2017, c.301] P.L. , c. (pending before the Legislature as this bill), the sum of [$500,000] $750,000 shall be annually credited to and deposited in the "Lake Hopatcong Fund" established pursuant to section 12 of P.L.2000, c.175 (C.58:4B-12) and the remaining revenue shall be deposited into the General Fund.
b. Each New Jersey power vessel operator's license issued pursuant to section 3 of P.L.1995, c.401 (C.12:7-72) shall have a digitized color picture of the licensee. In addition to the fee required pursuant to subsection a. of this section, the fee for the digitized color picture shall be $6 for each license or renewal.
(cf: P.L.2017, c.301, s.3)
2. This act shall take effect immediately.
STATEMENT
This bill would increase the fee for the 48-month power vessel operator's license required pursuant to section 3 of P.L.1995, c.401 (C.12:7-72) from $18 to $30. The bill would also increase the amount allocated to the "Lake Hopatcong Fund," from $500,000 to $750,000 from the revenue derived from power vessel operator's license fees beginning July 1 following the date of enactment of this bill. The Lake Hopatcong Fund is used by the Lake Hopatcong Commission for activities related to the protection, preservation, restoration, maintenance, management, and enhancement of the lake, as outlined in the "Lake Hopatcong Protection Act," P.L.2000, c.175 (C.58:4B-1 et seq.).