A 2873 New Jersey General Assembly · 2024-2025 Regular Session

Allows certain airports to carry over certain grant money into future years.

This bill (A2873) allows certain New Jersey airports to carry over unused grant funds from the Airport Safety Fund or the Department of Transportation's Airport Improvement Program into future years, preventing funds from being rescinded. It applies specifically to general aviation airports that received grants on or after January 1, 2019. To qualify, airports must obtain local approvals, submit an expenditure plan, ensure funds align with grant terms, and confirm compatibility with federal aid. The Commissioner of Transportation has sole discretion to approve carryovers, and the Department may create rules for implementation.
Bill status died 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Transportation and Independent Authorities Committee
lower
1 primary · 0 co-sponsors

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Legislator
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P
Photo of Anthony Verrelli
Anthony Verrelli
DDemocratic
NJ
15