Sponsored by:
Assemblywoman LINDA S. CARTER
District 22 (Middlesex, Somerset and Union)
Assemblyman ERIC HOUGHTALING
District 11 (Monmouth)
Assemblywoman ANGELA V. MCKNIGHT
District 31 (Hudson)
Co-Sponsored by:
Assemblyman Caputo, Assemblywoman Reynolds-Jackson, Assemblyman Benson, Assemblywoman Vainieri Huttle, Assemblymen Johnson, Zwicker, Verrelli, Assemblywoman Dunn and Assemblyman Moen
SYNOPSIS
Makes $15 million in federal funds available to EDA to support arts and culture organizations in need.
CURRENT VERSION OF TEXT
As reported by the Assembly Commerce and Economic Development Committee on March 8, 2021, with amendments.
1[A Supplement to the Fiscal Year 2021 appropriations act, P.L.2020, c.97] An Act making federal funding available to the New Jersey Economic Development Authority to support arts and culture organizations in need1.
Be It Enacted by the Senate and the General Assembly of the State of New Jersey:
1[1. In addition to the amounts appropriated under P.L.2020, c.97, the annual appropriations act for Fiscal Year 2021, there is appropriated the following sum for the purpose specified:
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82 DEPARTMENT OF THE TREASURY 50 Economic Planning, Development, and Security 51 Economic Planning and Development
GRANTS-IN-AID |
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38-2043 |
Economic Development ........................................................ |
$15,000,000 |
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Total Grants-in-Aid Appropriation, Economic Planning and Development……………………… |
$15,000,000 |
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Grants-in-Aid: |
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38 |
Coronavirus Relief Fund – Assistance to Arts and Culture Organizations, EDA................ |
($15,000,000) |
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The amount hereinabove appropriated for Coronavirus Relief Fund –Assistance to Arts and Culture, EDA shall be allocated from a portion of federal block grant funds allocated to the State from the federal “Coronavirus Relief Fund” established pursuant to the federal “Coronavirus Aid, Relief, and Economic Security Act (CARES Act),” Pub.L.116-136, or any other federal funds made available to the State in response to the coronavirus disease 2019 (COVID-19) pandemic.
The amount hereinabove appropriated for Coronavirus Relief Fund – Assistance to Arts and Culture, EDA shall be allocated by the New Jersey Economic Development Authority to arts and cultural organizations in the State; provided that, not less than $7,500,000 shall be allocated to the New Jersey Council on the Arts for the purposes of issuing grants to nonprofit arts and cultural entities. The New Jersey Economic Development Authority shall establish minimum grant eligibility criteria and the size of the grant awards to meet the needs of the grantee entities in responding to the public health crisis.]1
11. a.
Subject to the availability of federal funds
provided or
made accessible to the State via federal block grant funds allocated to the State from the federal “Coronavirus Relief Fund” established pursuant to the federal “Coronavirus Aid, Relief, and Economic Security Act (CARES Act),” Pub.L.116-136, or any other federal funds made available to the State in response to the coronavirus disease 2019 (COVID-19) pandemic, $15,000,000 from such federal funds shall be made available to the New Jersey Economic Development Authority for the purposes set forth in subsection b. of this section.
b. The funds made available to the New Jersey Economic Development Authority pursuant to subsection a. of this section shall be reserved by the authority to provide financial support, by way of grants, to arts and culture organizations; provided, however, the authority shall allocate not less than $7,500,000 to the New Jersey Council on the Arts for the purposes of issuing grants to nonprofit entities.
c. The New Jersey Economic Development Authority shall establish the size of the awards and eligibility of entities in subsection b. of this section to meet the needs of arts and culture organizations in responding to the public health crisis.1
2. This act shall take effect immediately.