SENATE BUDGET AND APPROPRIATIONS COMMITTEE

 

STATEMENT TO

 

ASSEMBLY, No. 1527

 

STATE OF NEW JERSEY

 

DATED: JANUARY 14, 1997

      The Senate Budget and Appropriations Committee reports favorably Assembly Bill No. 1527 of 1996.

      Assembly Bill No. 1527 appropriates $2,100,000 from the Jobs, Education and Competitiveness Bond Fund (created pursuant to the "Jobs, Education and Competitiveness Bond Act of 1988," P.L.1988, c.78), for individual projects at Rowan College of New Jersey and Saint Peter's College.

      The bill appropriates $500,000 for the construction of an underground electrical distribution system at Rowan College. Under the project, which was approved by the Commission on Higher Education on January 27, 1995, all overhead electrical distribution on the south side of the campus will be removed and replaced with the underground system. The current system is outdated and has resulted in numerous power outages.

      The bill also appropriates $1,600,000 to Saint Peter's College for the renovation of Gannon Hall. The proposed renovation includes new labs, non-movable lab equipment, the retro-fitting of existing mechanical and electrical systems, and other work required to bring the building into compliance with the federal "Americans with Disabilities Act of 1990," 42 U.S.C.§12101 et seq. The Saint Peter's project was approved by the Commission on Higher Education on October 27, 1995.

      As reported, this bill is identical to Senate Bill No.1382 of 1996 (Matheussen/O'Connor).

 

FISCAL IMPACT

      This bill appropriates $2,100,000 from the Jobs, Education and Competitiveness Bond Fund (created pursuant to the "Jobs, Education and Competitiveness Bond Act of 1988," P.L.1988, c.78), for individual projects at Rowan College of New Jersey and Saint Peter's College.