Authorizes imposition of penalties and forfeiture of economic development subsidies for certain businesses that violate State environmental laws.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill authorizes penalties and the forfeiture of economic development subsidies for businesses that violate New Jersey’s environmental laws. If a business is found responsible for an environmental incident, they may be required to pay the costs to address the incident and forfeit future subsidies. The bill establishes a fund to reimburse residents impacted by these incidents and outlines procedures for determining costs and issuing notices to businesses.
Bill text
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Document of record
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Sponsors
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2 on record
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