Bill Text: NJ ACR195 | 2012-2013 | Regular Session | Amended
Bill Title: Approves FY 2014 Financial Plan of NJ Environmental Infrastructure Trust.
Spectrum: Partisan Bill (Democrat 6-0)
Status: (Introduced - Dead) 2013-06-24 - Substituted by SCR152 [ACR195 Detail]
Download: New_Jersey-2012-ACR195-Amended.html
ASSEMBLY CONCURRENT RESOLUTION No. 195
STATE OF NEW JERSEY
215th LEGISLATURE
INTRODUCED JUNE 6, 2013
Sponsored by:
Assemblywoman L. GRACE SPENCER
District 29 (Essex)
Assemblywoman MILA M. JASEY
District 27 (Essex and Morris)
Assemblywoman CELESTE M. RILEY
District 3 (Cumberland, Gloucester and Salem)
Assemblyman JOSEPH V. EGAN
District 17 (Middlesex and Somerset)
Assemblyman ALBERT COUTINHO
District 29 (Essex)
SYNOPSIS
Approves FY 2014 Financial Plan of NJ Environmental Infrastructure Trust.
CURRENT VERSION OF TEXT
As reported by the Assembly Environment and Solid Waste Committee on June 10, 2013, with amendments.
A Concurrent Resolution approving the Fiscal Year 2014 Financial Plan of the New Jersey Environmental Infrastructure Trust.
Whereas, The New Jersey Environmental Infrastructure Trust, a State financing authority established pursuant to P.L.1985, c.334 (C.58:11B‑1 et seq.), is authorized to make loans to, and to guarantee debt incurred by, eligible program participants for the construction of environmental infrastructure projects, including clean water, drinking water, stormwater management and nonpoint source pollution projects; and
Whereas, The New Jersey Environmental Infrastructure Trust is required, pursuant to sections 21 and 22 of P.L.1985, c.334 (C.58:11B-21 and C.58:11B-22), to submit to the Legislature a financial plan designed to implement the financing of the clean water, stormwater management and nonpoint source pollution projects on the project priority list developed by the Commissioner of Environmental Protection and approved by the Legislature for funding during the forthcoming State Fiscal Year; and
Whereas, The New Jersey Environmental Infrastructure Trust is further required, pursuant to sections 25 and 26 of P.L.1997, c.224 (C.58:11B-21.1 and C.58:11B-22.1), to submit to the Legislature a financial plan designed to implement the financing of the drinking water supply projects on the project priority list developed by the Commissioner of Environmental Protection and approved by the Legislature for funding during the forthcoming State Fiscal Year; and
Whereas, The New Jersey Environmental Infrastructure Trust is authorized, pursuant to section 27 of P.L.1997, c.224 (C.58:11B-22.2), to submit to the Legislature a consolidated financial plan designed to implement the financing of the clean water projects on the project priority list developed pursuant to section 20 of P.L.1985, c.334 (C.58:11B-20), and the drinking water projects on the project priority list developed pursuant to section 24 of P.L.1997, c.224 (C.58:11B-20.1), and approved by the Legislature for funding during the forthcoming State Fiscal Year; now, therefore,
Be It Resolved by the General Assembly of the State of New Jersey (the Senate concurring):
1. The Fiscal Year 2014 Financial Plan of the New Jersey Environmental Infrastructure Trust, submitted to the 1[President] Speaker1 of the 1[Senate] General Assembly1 on or before May 15, 2013 in accordance with the requirements of sections 21 and 22 of P.L.1985, c.334 (C.58:11B-21 and C.58:11B-22) and sections 25 through 27 of P.L.1997, c.224 (C.58:11B-21.1, C.58:11B-22.1, and C.58:11B-22.2), is hereby approved.
