Authorizes EDA to provide grants from "Global Warming Solutions Fund" to finance replacement of certain agricultural equipment.
This bill authorizes New Jersey's Economic Development Authority (EDA) to provide grants from the "Global Warming Solutions Fund" to help farmers replace inefficient or polluting agricultural equipment with more efficient, less polluting alternatives. It specifically adds agricultural entities to the list of eligible recipients for these grants, which were previously available only to commercial, industrial, and institutional sectors. To qualify, farmers must demonstrate that their old equipment has been dismantled or permanently decommissioned. The grants are funded through 60% of annual appropriations from the Global Warming Solutions Fund, which collects revenue from regional carbon emissions trading (RGGI).
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
Floor votes
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Full legislative history
Actions timeline
Total actions
1
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0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Alex Sauickie
RRepublican
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