Bill Text: NJ S2899 | 2024-2025 | Regular Session | Introduced

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Bill Title: Makes $500,000 supplemental appropriation from Property Tax Relief Fund to Borough of North Caldwell to fund restoration of Walker's Family Home at Walker's Park and Walker's Park property.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-03-04 - Introduced in the Senate, Referred to Senate Environment and Energy Committee [S2899 Detail]

Download: New_Jersey-2024-S2899-Introduced.html

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SENATE, No. 2899

STATE OF NEW JERSEY

221st LEGISLATURE

 

INTRODUCED MARCH 4, 2024

 

 

Sponsored by:

Senator  KRISTIN M. CORRADO

District 40 (Bergen, Essex and Passaic)

 

 

 

 

SYNOPSIS

     Makes $500,000 supplemental appropriation from Property Tax Relief Fund to Borough of North Caldwell to fund restoration of Walker's Family Home at Walker's Park and Walker's Park property.

 

CURRENT VERSION OF TEXT

     As introduced.

  

A Supplement to the annual appropriations act for the fiscal year ending June 30, 2024, P.L.2023, c.74.

 

     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.2023, c.74, the annual appropriations act for the fiscal year ending June 30, 2024, there is appropriated from the Property Tax Relief Fund the following amount for the purpose specified:

 

22 DEPARTMENT OF COMMUNITY AFFAIRS

70 Government, Direction, Management, and Control

75 State Subsidies and Financial Aid

 

STATE AID

04-8030  Local Government Services ................................... $500,000

                 Total State Aid appropriation,                                               

                   State Subsidies and Financial Aid ...................... $500,000

State Aid:

         04    Borough of North Caldwell - Restoration of the Walker's Family Home at Walker's Park and the Walker's Park property (PTRF)           ($500,000)

 

     2.  This act shall take effect immediately.

 

 

STATEMENT

 

     This bill appropriates an additional $500,000 from the Property Tax Relief Fund to the Borough of North Caldwell, Essex County, to fund the restoration of the Walker's family home at Walker's Park and the Walker's Park property.  Walker's Park is a 17-acre site acquired by North Caldwell in 2016.  The sponsor intends that the funds appropriated in the bill would be used for the restoration, and that the Borough of North Caldwell be able to use the restored home and property as it sees fit.