New Jersey Senate Bill S3004

New Jersey 2022-2023 Regular Session

• Introduced: 9/22/22
• Refer: 9/22/22

Caption

Establishes New Jersey Veterans' Organization Building Grant Program.

Impact

The grants are funded through an annual appropriation from the state legislature, with an initial allocation of $2,000,000 from the General Fund to the Economic Development Authority (EDA). The program allows New Jersey taxpayers to contribute a portion of their tax refunds or make separate contributions into this fund, fostering a community-centric approach to veterans' support. The EDA will administer the grants, allocating them on a competitive basis based on set criteria, promoting transparency and fairness in the disbursement process.

Summary

Senate Bill 3004 establishes the New Jersey Veterans' Organization Building Grant Program aimed at supporting veterans' organizations in the state. The bill creates a special fund titled the 'Veterans' Organization Building Grant Fund' designated for grants to assist with the construction, rehabilitation, or repair of buildings used by such organizations. This program aims to address the building needs of organizations like Veterans of Foreign Wars (VFW) posts, ensuring they can provide necessary services to veterans.

Contention

One potential area of contention could arise regarding the competitive nature of grant allocations. Organizations may face challenges in securing funding if the criteria are perceived as too stringent or if the amount of funding is insufficient compared to the demand. Furthermore, while supporters argue that such grants are essential for enhancing facilities used by veterans, critics may raise concerns over prioritization in funding, especially in light of other competing needs within the state budget.