Bill Text: NJ S3063 | 2016-2017 | Regular Session | Introduced

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Bill Title: Allows 50 percent credit against societal benefits charge to local governments that utilize traffic signals that use light emitting diode technology.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Introduced - Dead) 2017-03-06 - Introduced in the Senate, Referred to Senate Environment and Energy Committee [S3063 Detail]

Download: New_Jersey-2016-S3063-Introduced.html

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SENATE, No. 3063

STATE OF NEW JERSEY

217th LEGISLATURE

 

INTRODUCED MARCH 6, 2017

 

 

Sponsored by:

Senator  LINDA R. GREENSTEIN

District 14 (Mercer and Middlesex)

Senator  CHRISTOPHER "KIP" BATEMAN

District 16 (Hunterdon, Mercer, Middlesex and Somerset)

 

Co-Sponsored by:

Senator B.Smith

 

 

 

 

SYNOPSIS

     Allows 50 percent credit against societal benefits charge to local governments that utilize traffic signals that use light emitting diode technology.

 

CURRENT VERSION OF TEXT

     As introduced.

  

An Act concerning the societal benefits charge and traffic signals and supplementing Title 48 of the Revised Statutes.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    a.  A local government unit that is an electric or gas public utility customer shall be allowed a credit against the societal benefits charge, imposed pursuant to section 12 of P.L.1999, c23 (C.48:3-60) and collected as a non-bypassable charge by the electric public utility or gas public utility, as appropriate, in the amount of 50 percent of the local government unit's liability for the charge that would otherwise be due in each calendar year, provided that the local government unit utilizes traffic signals that use light emitting diode technology, pursuant to section 8 of P.L.2000, c.73 (C.27:1B-21.21), throughout the jurisdiction of the local government unit.

     b.    For the purposes of this section, "local government unit" means a municipality, county, or other political subdivision of this State.

 

     2.    This act shall take effect on January 1 next following the date of enactment.

 

 

STATEMENT

 

     This bill allows a local government unit that is an electric or gas public utility customer to receive a credit against the societal benefits charge, collected as a non-bypassable charge by the electric or gas public utility, as appropriate, in the amount of 50 percent of the local government unit's liability for the charge that would otherwise be due in each calendar year.

     The societal benefits charge credit is to be made available to a local government unit that utilizes traffic signals that use light emitting diode, or LED, technology through the jurisdiction of the local government.

     In this bill, "local government unit" means a municipality, county, or other political subdivision of this State.