News Flash Home
The original item was published from 6/26/2020 1:15:56 PM to 6/27/2021 12:00:08 AM.

News Flash

Legislative Advocacy

Posted on: June 26, 2020

[ARCHIVED] Bridge Budget Bill Introduced

Because of the extension of the State’s current Fiscal Year for an additional three months, the Legislature must pass and the Governor sign a Supplemental Appropriations bill by midnight, June 30. On Thursday, June 24, Assemblywoman Eliana Pintor Marin and Assemblyman John Burzichelli, respectively, Chairs of the Assembly Budget and the Assembly Appropriations Committees, introduced A-3. This bill, if enacted, includes supplemental appropriations that will permit state spending to bridge the gap between the usual end of the Fiscal Year, on June 30, and this year’s final day, September 30.

The bill would appropriate $298.6 million in Consolidated Municipal Property Tax Relief Aid (CMPTRA) ($209 million of which will be distributed as if it were Energy Tax Receipts, so that the State can avoid the ‘poison pill,’ while again failing to increase municipal property tax relief funding)and $364 million in Energy Tax Receipts Property Tax Relief (ETR) assistance (funded not through the taxes on energy utilities, but from the Property Tax Relief Fund, that is, the income tax proceeds). Crucially, these appropriations will allow the State to make the full August 1 ETR/CMPTRA payments – representing 45% of the annual amount due – on time. 

A-3 also includes $2.2 million for Highlands Watershed Moratorium Aid. And, the bill also addresses Election Administration support, with $2.5 million for County Election Board mail-in ballot aid, and $3.8 million to support extended polling place hours.

The bill does not include the use of federal CARES Act funding, to create the local aid program, proposed by the Governor. Those federal funds were to be administered by the Division of Local Government Services, with priority given to the county governments that did not receive direct CARES Act aid.  That fund may be created by another legislative initiative.

A-3 was released by the Assembly Budget Committee, also on Thursday. The Senate companion bill, S-20, sponsored by Senators Sarlo and Cunningham, is expected to be approved by the Senate Budget and Appropriations Committee today. Both bills are scheduled for final votes on Monday, June 29.

Facebook Twitter Email

Other News in Legislative Advocacy

FY2024 Budget & ETR Update

Posted on: June 30, 2023

ETR Funding Doubled in FY2024 Budget

Posted on: June 29, 2023

General Election Legislation Update

Posted on: June 15, 2023

NJPDES Permit Fees Stakeholder Meeting

Posted on: February 6, 2023