Prohibits NJT from making major alterations to rail yards located near certain environmentally sensitive areas.
Impact
The bill establishes a framework that requires any significant alterations to rail yards to be explicitly authorized by the Governor, following consultations with applicable environmental agencies. This structured oversight aims to ensure that environmental assessments are conducted before any major changes can occur, intended to safeguard local ecosystems while balancing transit needs. The regulations are part of a broader initiative to enhance statewide environmental protections, reflecting a commitment to sustainable growth within New Jersey’s transportation infrastructure.
Summary
Senate Bill S128 seeks to impose strict regulations on the New Jersey Transit Corporation regarding major alterations to rail yards situated near environmentally sensitive regions. Specifically, the bill prohibits NJ Transit from conducting any significant modifications in rail yards located within defined coastal areas, those that affect watersheds feeding into the Barnegat Bay Estuary, and rail yards near various types of wetlands. This initiative enhances environmental protection efforts by limiting potentially damaging infrastructure changes in regions that are crucial for ecology and biodiversity.
Contention
Debate surrounding S128 focuses on the balance between environmental stewardship and the operational needs of NJ Transit. Proponents argue that stringent regulations are necessary to protect vulnerable ecosystems from the impacts of infrastructure expansion and potential degradation. Meanwhile, critics may raise concerns about the implications for transit efficiency and the state’s transportation capacity. They argue that excessive regulatory hurdles could hinder NJ Transit’s ability to adapt and improve its infrastructure in a timely manner, thus impacting public transportation reliability.
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Provides tax credit under corporation business tax and gross income tax for certain costs incurred in purchase and installation of certain environmentally responsible business equipment.