ASSEMBLY ENVIRONMENT AND SOLID WASTE COMMITTEE
SENATE, No. 2167
STATE OF NEW JERSEY
DATED: JANUARY 24, 2019
The Assembly Environment and Solid Waste Committee reports favorably Senate Bill No. 2167 (1R).
This bill would establish the “New Jersey Greenwood Lake Fund” as a nonlapsing, revolving fund in the Department of Environmental Protection (DEP). The fund would be administered by the DEP, and credited annually with $500,000 in revenue from the New Jersey vessel registration and renewal fees from the “Maritime Industry Fund.” The moneys would be used by the Greenwood Lake Commission for the protection, preservation, restoration, maintenance, management, and enhancement of the lake.
Under the bill, moneys in the fund could be used without matching funds from the State of New York if the moneys are used solely for the protection, preservation, maintenance, management, or enhancement of the New Jersey side of Greenwood Lake. In addition, when joint funding is required by the Greenwood Lake Commission, the State of New York would not be required to provide moneys from a similar source as the State of New Jersey.
As reported by the committee, this bill is identical to Assembly Bill No. 3804 as amended and also reported by the committee.