Converts loan awarded to Barnegat Bay Decoy and Baymen's Museum from loan to grant.

This bill converts a $1.25 million loan and $250,000 grant originally allocated to the Barnegat Bay Decoy and Baymen's Museum in Ocean County into a single $1.5 million grant. The change eliminates the museum's obligation to repay the $1.25 million portion, making it a non-repayable grant. This amendment modifies Section 1 of a 1999 appropriations law (P.L.1999, c.99) that distributed $20 million in economic development funds. The museum, which received the funds under the "1996 Economic Development Site Fund," will now retain the full $1.5 million without repayment requirements.