New Jersey A3329 allows municipalities to issue bonds for tree purchase, planting, and removal expenses.
New Jersey A3329 amends the "Local Bond Law" to set a 15-year period of usefulness for tree purchase, planting, and removal expenses. This change enables local government units to issue bonds to cover these costs. Additionally, the bill amends the "Local Budget Law" to permit special emergency appropriations for tree-related expenses following natural disasters, allowing municipalities to issue emergency notes to defray these costs. The bill also includes provisions for the approval process by the Director of the Division of Local Government Services.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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