CHAPTER 19

 

An Act concerning expenditures from the revenues and other funds of the New Jersey Transportation Trust Fund.


    Be It Enacted by the Senate and General Assembly of the State of New Jersey:


    1. From funds authorized by the Legislature to be appropriated from the revenues and other funds of the New Jersey Transportation Trust Fund Authority for the FY 1995 and the FY 1996 transportation capital construction programs, the Commissioner of Transportation may allocate and transfer $15,000,000 from a part or all of any item or items to the Betterments account for extraordinary road maintenance and repairs on the State highway system.


    2. From funds authorized by the Legislature to be appropriated from the revenues and other funds of the New Jersey Transportation Trust Fund Authority for the FY 1995 and the FY 1996 transportation capital construction programs, the Commissioner of Transportation may allocate and transfer $4,000,000 from a part or all of any item or items to the State Aid, Discretionary aid account for grants to counties to be used for extraordinary road maintenance and repairs.

    Grants to counties for extraordinary road maintenance and repairs shall be allocated based on a formula which gives equal consideration to population, local jurisdiction road mileage, and winter weather conditions, all as determined by the commissioner.


    3. From funds authorized by the Legislature to be appropriated from the revenues and other funds of the New Jersey Transportation Trust Fund Authority for the FY 1995 and the FY 1996 transportation capital construction programs, the Commissioner of Transportation may allocate and transfer $6,000,000 from a part or all of any item or items to the State Aid, Discretionary aid account for grants to municipalities to be used for extraordinary road maintenance and repairs.

    Grants to municipalities for extraordinary road maintenance and repairs shall be allocated based on a formula which gives equal consideration to population, local jurisdiction road mileage, and winter weather conditions, all as determined by the commissioner.


    4. The allocations and transfers permitted pursuant to sections 2 and 3 of this act shall be submitted to the Joint Budget Oversight Committee and shall take effect 15 days after such submission unless disapproved in writing by that committee. The submission shall contain the names of the counties and municipalities to receive grants pursuant to those sections and the amount each grantee is to receive.


    5. This act shall take effect immediately.



    Approved April 17, 1996.