Requires DEP to publish certain information regarding natural resources damages when entering into certain settlements under "Spill Compensation and Control Act."
Impact
The introduction of A4775 is significant as it amends existing legislation to require detailed public reporting, thereby promoting accountability within the DEP. By ensuring that this information is accessible via the New Jersey Register and the DEP's website 60 days prior to any settlement agreement, the bill aims to mitigate concerns regarding the handling of natural resource damage cases. Proponents argue that this will facilitate better oversight and contribute to improved environmental stewardship by making critical information more readily available to stakeholders and the general public.
Summary
Assembly Bill A4775, introduced in the New Jersey Legislature, aims to enhance transparency concerning settlements related to natural resource damages under the Spill Compensation and Control Act. The bill mandates that the New Jersey Department of Environmental Protection (DEP) publish comprehensive information about any settlements it enters into. Specifically, it requires the DEP to disclose the name of the case, involved parties, the property location of the incident, a summary of the settlement terms, the monetary payments involved, and importantly, if applicable, a link to natural resource damage assessment reports and rehabilitation plans. This initiative is positioned as a means to ensure public awareness and engagement in environmental matters affected by such settlements.
Contention
However, the bill may face contention from those who argue it could complicate settlement processes or impose increased administrative burdens on the DEP. Criticism might center on the potential for delays caused by mandatory disclosures and the impact it could have on the DEP’s functionality in resolving environmental incidents swiftly. There is also a possibility that some stakeholders might perceive this transparency requirement as a deterrent to entering into settlements, fearing public backlash or scrutiny, thus complicating future resolutions of natural resource damage disputes.
Requires owner or operator of certain trains to have discharge response, cleanup, and contingency plans to transport certain hazardous materials by rail; requires DEP to request bridge inspection reports from US DOT.
Requires owner or operator of certain trains to have discharge response, cleanup, and contingency plans to transport certain hazardous materials by rail; requires DEP to request bridge inspection reports from US DOT.
Requires owner or operator of certain trains to have discharge response, cleanup, and contingency plans to transport certain hazardous materials by rail; requires DEP to request bridge inspection reports from US DOT.
Requires owner or operator of certain trains to have discharge response, cleanup, and contingency plans to transport certain hazardous materials by rail; requires DEP to request bridge inspection reports from US DOT.
Excludes certain contributions to deferred compensation plans and provides deduction for certain individual retirement savings under the gross income tax.
Excludes under gross income tax certain contributions to qualified pension plans, deferred compensation plans and provides deduction for certain individual retirement savings.
Authorizes the Coastal Protection and Restoration Authority Board to develop a natural resource damages restoration bank program and oil spill compensation schedule
Excludes under gross income tax certain contributions to qualified pension plans, deferred compensation plans and provides deduction for certain individual retirement savings.
Authorizes performance of supplemental environmental project to replace portion of monetary penalties for environmental violations in certain circumstances.
Authorizes performance of supplemental environmental project to replace portion of monetary penalties for environmental violations in certain circumstances.