ASSEMBLY STATE AND LOCAL GOVERNMENT
COMMITTEE
STATEMENT TO
[First Reprint]
SENATE, No. 741
with committee amendments
STATE OF NEW JERSEY
DATED: MAY 16, 2024
The Assembly State and Local Government Committee reports
favorably and with committee amendments Senate Bill No. 741 (1R).
As amended, this bill authorizes the State Treasurer to sell and
convey to the Port Authority of New York and New Jersey (PANYNJ)
the land and improvements on Block 7203, Lot 2, in the City of Jersey
City, which property is commonly known as the Holland Tunnel
Service Garage. The property would be conveyed to the PANYNJ for
$1.
The property has been declared to be surplus to the needs of the
State. The sale and conveyance of the property does not require the
approval of the State House Commission or any additional legislative
approval.
As amended and reported by the committee, Senate Bill No. 741
(1R) is identical to Assembly Bill No. 2608, which was also amended
and reported by the committee on this date.
COMMITTEE AMENDMENTS :
The committee amended the bill to specify that the sale and
conveyance of the property does not require the approval of the State
House Commission or any additional legislative approval.