S 4494 New Jersey Senate · 2024-2025 Regular Session

Requires all revenue generated by casino hotel parking fee to be provided to CRDA; expands permitted uses of parking fee revenues by CRDA.

This bill changes how revenue from casino hotel parking fees in Atlantic City is allocated. Currently, $2.50 of the $3.00 daily parking fee goes to the Casino Reinvestment Development Authority (CRDA) for corridor-region projects, while $0.50 goes to the Casino Revenue Fund (which supports senior citizens' tax relief). Starting in fiscal year 2026, the full $3.00 would be deposited into the CRDA's special fund, eliminating the split and redirecting all parking fee revenue to the CRDA. The CRDA would then be allowed to use these funds for any projects within Atlantic City's city limits - not just the corridor region - as approved by the authority.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 22, 2025 Last action Dec 1, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
2
Dec 1, 2025
Committee
Referred to Senate Budget and Appropriations Committee
upper
Dec 1, 2025
Upper · Passed
Reported out of Senate Committee, 2nd Reading
upper
May 22, 2025
Introduced
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Vince Polistina
Vince Polistina
RRepublican
NJ
2