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NJ S3922
Bill
Status
1/30/2025
Primary Sponsor
Andrew Zwicker
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AI Summary
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Appropriates $18,518,738 from constitutionally dedicated corporation business tax revenues to the New Jersey Historic Trust for historic preservation grants and administrative expenses
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Allocates $15,031,000 for capital preservation grants across 50+ projects statewide, including Atlantic City Convention Hall ($750,000), USS New Jersey battleship ($350,000), Passaic County Court House ($750,000), and the Roebling Machine Shop in Trenton ($750,000)
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Provides $1,467,738 for historic site management grants to 35 projects, including Washington Crossing State Park ($75,000), Old Barracks in Trenton ($66,450), and Darress Theatre in Boonton ($75,000)
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Designates $100,000 for easement purchases in Bordentown City and $1,920,000 for administrative costs associated with the Preserve New Jersey Act
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Requires Joint Budget Oversight Committee approval for any transfer of funds or changes to project sponsors, sites, or types listed in the appropriations
Legislative Description
Appropriates $18,518,738 from constitutionally dedicated CBT revenues to NJ Historic Trust for grants for certain historic preservation projects and associated administrative expenses.
Bills and Joint Resolutions Signed by the Governor
Last Action
Approved P.L.2025, c.12.
1/30/2025