An Act reappropriating $3,000,000 from the “Dam, Lake, Stream, Flood Control, Water Resources, and Wastewater Treatment Project Bond Act of 2003,” P.L.2003, c.162, from monies previously appropriated by P.L.2005, c.231 and made available due to project deferrals, cancellations, withdrawals, and cost savings, to finance the costs of certain State flood control projects.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. There is reappropriated to the Department of Environmental Protection from the “2003 Dam, Lake, Stream and Flood Control Project Fund,” established pursuant to section 15 of the “Dam, Lake, Stream, Flood Control, Water Resources, and Wastewater Treatment Project Bond Act of 2003,” P.L.2003, c.162, the sum of $3,000,000, made available due to project deferrals, cancellations, withdrawals, and cost savings, from the following project:
Project Project Sponsor Amount
Lower Saddle River NJDEP $3,000,000
Project
b. The monies made available pursuant to subsection a. of this section shall be allocated to finance the costs of the following State flood control project:
Project Project Sponsor Amount
Desnagging and Shoal NJDEP $3,000,000
Dredging in Passaic
River Basin
c. Any unexpended funds remaining after completion of the project listed in subsection b. of this section shall be returned to the “2003 Dam, Lake, Stream and Flood Control Project Fund” for reappropriation to fund additional projects authorized by law and in keeping with the purposes of the fund.
d. Any transfer of any funds or project sponsor, or change in project site, listed in subsection b. of this section shall require the approval of the Joint Budget Oversight Committee or its successor.
e. The expenditures of sums appropriated by this section are subject to the provisions and conditions of P.L.2003, c.162, and the rules and regulations adopted pursuant thereto.
2. This act shall take effect immediately.
Approved August 7, 2013.