New Jersey 2024 2024-2025 Regular Session

New Jersey Senate Bill S742 Comm Sub / Analysis

                    ASSEMBLY TRANSPORTATION AND INDEPENDENT 
AUTHORITIES COMMITTEE 
 
STATEMENT TO  
 
SENATE, No. 742  
 
STATE OF NEW JERSEY 
 
DATED:  SEPTEMBER 19, 2024 
 
 The Assembly Transportation and Independent Authorities 
Committee reports favorably Senate Bill No. 742. 
 As reported, 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. 
 As reported by the committee, Senate Bill No. 742 is identical to 
Assembly Bill No. 2609, which was also reported by the committee on 
this date.