FISCAL NOTE TO

ASSEMBLY, No. 1331

STATE OF NEW JERSEY

DATED: May 1, 1996

      Assembly Bill No. 1331 of 1996 requires the Department of Transportation (DOT) to prepare and submit to the Governor and the Legislature, within one year, an inventory of properties owned by the State and held for transportation projects which are not under construction. Among other information, the inventory shall note the reason(s) why the property has not been used for the purpose for which it was acquired.

      Since the DOT already maintains a listing of property it has acquired for transportation purposes, the department notes that it would be able to prepare and submit the required inventory without any additional funds.

This fiscal note has been prepared pursuant to P.L.1980, c.67.