ASSEMBLY BUDGET COMMITTEE

STATEMENT TO

ASSEMBLY, No. 3

STATE OF NEW JERSEY

DATED:  JUNE 25, 2020

      The Assembly Budget Committee reports favorably Assembly Bill No. 3.

      This bill amends and supplements the FY 2020 appropriations act to effectuate the extension of the fiscal year through September 30, 2020, authorized by P.L.2020, c.19. 

      The bill provides for the deappropriation of a list of amounts unexpended as of June 30, 2020, to take effect within five days unless the Joint Budget Oversight Committee rejects the list. 

      The bill makes FY 2020 supplemental appropriations totaling $114,006,000 to take effect prior to the end of June 2020, and also makes supplemental appropriations totaling $7,745,997,000 in State funds and $4,586,243,000 in federal funds for the months of July, August, and September 2020.