SENATE BUDGET AND APPROPRIATIONS COMMITTEE
STATEMENT TO
SENATE, No. 742
STATE OF NEW JERSEY
DATED: JUNE 24, 2024
The Senate Budget and Appropriations Committee reports
favorably Senate Bill No. 742.
This bill reappropriates unexpended funds from the “New Jersey
Bridge Rehabilitation and Improvement and Railroad Right-of-way
Preservation Bond Act of 1989” (act) to the Department of
Transportation (department). The funds were originally appropriated
for the purpose of the cost of rehabilitation and improvement of
bridges carrying State highways, the cost of rehabilitation and
improvement of bridges carrying county and municipal roads, and for
the cost of preservation and acquisition of railroad rights-of-way.
The bill requires the funds appropriated to the department to be
administered by the department and reappropriated to offset any cost
permitted under the bond act. The bill permits the funds to be
appropriated for emergency repairs, in various locations, at the
discretion of the Commissioner of Transportation.
FISCAL IMPACT:
This bill is not certified as requiring a fiscal note.