Revises definition of qualified assistance fund expenses under UEZ program to include costs of transportation infrastructure projects and related debt service.
New Jersey Assembly Bill A4534 (A4534) expands the types of projects eligible for funding under the Urban Enterprise Zone (UEZ) program. It revises the definition of "qualified assistance fund expenses" to explicitly include transportation infrastructure projects (like roads, bridges, and public transit facilities) and related loan payments, regardless of whether they occur in designated commercial corridors. This change allows qualifying municipalities to use UEZ program funds for broader transportation improvements - such as repairing public roads or financing transit infrastructure - rather than being limited to corridor-specific projects. The bill directly affects UEZ-designated areas in economically distressed New Jersey communities seeking to revitalize their infrastructure through state-funded incentives.
Bill status
signed
all 5 stages cleared
Introduction
Jun 2024
Committee Review
Jun 2024
General Assembly Passage
Jun 2024
Senate Passage
Jun 2024
Signed into Law
Sep 2024
Introduced Jun 6, 2024
Signed Sep 12, 2024
Floor votes · Senate Jun 28, 2024 · General Assembly Jun 28, 2024
How they voted
40–0
Passed
Total votes 40
Jun 28, 2024
D
Democratic25
100% Yea
R
Republican15
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
11
Key actions
6
Committee
2
Amendments
1
Sep 12, 2024
Signed into law
Approved P.L.2024, c.80.
executive
Jun 28, 2024
Lower · Passed
Passed Assembly (Passed Both Houses) (72-0-0)
lower
Jun 28, 2024
Upper · Passed
Passed Senate (40-0)
upper
Jun 28, 2024
Upper · Passed
Senate Amendment (40-0) (Vitale)
upper
Jun 28, 2024
Lower · Passed
Passed Assembly (74-1-0)
lower
Jun 24, 2024
Lower · Passed
Reported out of Assembly Committee with Amendments, 2nd Reading
lower
Jun 24, 2024
Committee
Transferred to Assembly State and Local Government Committee
lower
Jun 6, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee
lower
5 primary · 5 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about A 4534
Scope: NJ
Hi! I can help you understand A 4534. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline