New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill A1004

Introduced

1/11/22

Refer

1/11/22

Refer

1/12/23

Caption

Makes supplemental appropriation of $35 million to "Urban and Rural Centers Unsafe Buildings Demolition Revolving Loan Fund."

Impact

The supplemental appropriation reflects the state's commitment to improving infrastructure and public health by providing necessary financial resources to municipalities. If enacted, the funds will assist local governments in managing unsafe buildings, helping to reduce hazards and foster neighborhood revitalization efforts. The bill is expected to support various community development initiatives, ultimately contributing to safer living environments for residents.

Summary

Assembly Bill A1004 proposes a supplemental appropriation of $35 million to the 'Urban and Rural Centers Unsafe Buildings Demolition Revolving Loan Fund'. This fund, established under P.L.1997, c.125, aims to assist municipalities with the demolition and disposal of unsafe buildings, thereby enhancing community safety and development in both urban and rural areas. The bill underscores the importance of addressing the risks posed by unsafe structures that could jeopardize public safety and property values.

Contention

While the bill has garnered support in the Assembly, discussions may arise regarding the allocation of state funds, as well as concerns over the potential misuse of the revolving loan fund. Some stakeholders might question the effectiveness of the funding in preventing unsafe buildings from being a recurring issue. Additionally, there may be debates on whether further regulatory measures should accompany financial assistance to ensure that municipalities are adequately addressing safety standards and building regulations.

Latest NJ A1004 Activity

View All Events: NJ 2022-2023 Regular Session A1004

Companion Bills

No companion bills found.

Previously Filed As

NJ A1676

Makes supplemental appropriation of $35 million to "Urban and Rural Centers Unsafe Buildings Demolition Revolving Loan Fund."

NJ A1675

Makes supplemental appropriation of $1 billion for After School Recreation in Urban Areas.

NJ S3863

Makes FY2026 supplemental appropriation of $175 million from General Fund to DHS for Emergency SNAP Replacement Benefits.

NJ A1741

Makes FY2026 supplemental appropriation of $175 million from General Fund to DHS for Emergency SNAP Replacement Benefits.

NJ A1722

Makes supplemental appropriation of $100 million to Affordable Housing Production Fund in DCA for completion of 100-percent affordable housing projects.

NJ S3113

Supplements FY2026 Appropriations Act; makes $10 million off-budget appropriation to NJSHARES - S.M.A.R.T. Program.

NJ A1700

Makes FY 2024 supplemental appropriation of $10 million to State Capitol Joint Management Commission for State Capitol Park Complex.

NJ A2161

Makes supplemental appropriation of $615,000 to DHS for grant to NJ 2-1-1 Partnership.

NJ A4697

Makes FY2026 supplemental appropriation of $30 million to DCA for Neighborhood Revitalization Tax Credit program.

NJ A1874

Makes FY2023 supplemental appropriation of $17 million to DEP for grants for certain lake management activities.

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