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NJ S1563
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Carmen Amato
Click for details
AI Summary
- Converts a $1,250,000 zero-interest loan awarded to the Barnegat Bay Decoy and Baymen's Museum in Ocean County into a grant, bringing the total grant amount to $1,500,000
- Amends P.L.1999, c.99, which originally appropriated $20 million from the "1996 Economic Development Site Fund" for economic development projects in the Delaware River and Bay Region
- Removes the museum from the list of recipients required to repay zero-interest loans with 20-year maximum repayment terms
- Original 1999 appropriation was funded through the "Port of New Jersey Revitalization, Dredging, Environmental Cleanup, Lake Restoration, and Delaware Bay Area Economic Development Bond Act of 1996"
Legislative Description
Converts loan awarded to Barnegat Bay Decoy and Baymen's Museum from loan to grant.
Economic Growth
Last Action
Introduced in the Senate, Referred to Senate Economic Growth Committee
1/13/2026
Committee Referrals
Economic Growth1/13/2026
Full Bill Text
No bill text available