S 1935 New Jersey Senate · 2024-2025 Regular Session

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

This bill changes a previously approved $1.25 million loan to the Barnegat Bay Decoy and Baymen's Museum in Ocean County into a grant, meaning the museum will no longer need to repay that amount. It directly affects the Barnegat Bay Decoy and Baymen's Museum, which received both a loan and grant under a 1999 economic development fund allocation. The key provision converts the repayment obligation for the $1.25 million portion into a grant, eliminating the need for the museum to repay that specific sum. This is a procedural adjustment to the original 1999 funding allocation for the museum's projects.
Bill status in committee 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 Senate, Referred to Senate Economic Growth Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Carmen Amato
Carmen Amato
RRepublican
NJ
9