Makes FY 2024 supplemental appropriation of $2 million to DCA for NJ State Veterans Chamber of Commerce for operational costs.
Impact
This bill represents a continuation of state support for the New Jersey State Veterans Chamber of Commerce, which had previously received a $500,000 appropriation in the last fiscal year. The funds will facilitate important programs for veterans, including educational courses, advocacy efforts, and events aimed at enhancing supplier diversity. In doing so, A5754 seeks to bolster the overall economic capacity of veterans and ensure that they can effectively engage with New Jersey's economic landscape.
Summary
Assembly Bill A5754 proposes a supplemental appropriation of $2 million to be allocated to the New Jersey State Veterans Chamber of Commerce through the Department of Community Affairs. This funding is designed to support the operational costs of this non-profit organization, which is focused on advocating for veteran-owned businesses and improving the economic environment for veterans and military spouses in New Jersey. The bill aims to enhance the funding provided to assist veterans, particularly in their pursuit of business opportunities and economic participation.
Contention
While the bill appears to be largely supportive of the veteran community and has basic bipartisan backing, aspects concerning the source of funding and the efficiency of fund allocation may lead to discussions among legislators. Some lawmakers may raise queries about the long-term sustainability of such appropriations and whether sufficient oversight exists to ensure that the intended programs effectively reach veterans and translate into tangible benefits. Nevertheless, the general sentiment towards this bill leans positive, viewing it as a necessary investment in the state's veteran population.
Makes supplemental appropriation of $500,000 to DCA for NJ State Veterans Chamber of Commerce for veteran economic development and outreach and skills development.
Makes supplemental appropriation of $500,000 to DCA for NJ State Veterans Chamber of Commerce for veteran economic development and outreach and skills development.
To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2022, to June 30, 2023, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2022.