A 3469 New Jersey General Assembly · 2024-2025 Regular Session

Makes various changes to membership and financial practices of New Jersey Historic Trust.

This bill updates the New Jersey Historic Trust's board structure and financial rules. It requires citizen trustees to have at least five years of experience in historic preservation, fundraising, or related fields (like architecture or cultural nonprofit management), adds the Commissioner of Community Affairs as an ex-officio board member, and adjusts trustee term limits. The Trust can now collect fees for digital publications promoting historic preservation (previously limited to printed materials) and keep any excess fees from events or publications for future use - instead of depositing them into the state General Fund. Additionally, it removes a $100 cap on loan application fees and allows the Trust to require applicants to cover third-party evaluation costs and closing fees.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2024 Last action Feb 5, 2024
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Feb 5, 2024
General Assembly · Introduced
Introduced in the Assembly, Referred to Assembly Tourism, Gaming and the Arts Committee
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Carol Murphy
Carol Murphy
DDemocratic
NJ
7