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A 2408 New Jersey General Assembly · 2026-2027 Regular Session

Amends Fiscal Year 2026 appropriations act to reassign appropriation for City of Camden for Capital Projects to Parkside Business & Community in Partnership.

This bill reassigns $500,000 in state funds from the City of Camden's Capital Projects budget to Parkside Business & Community in Partnership, a local nonprofit organization. The funds, originally designated for Camden city capital projects, will now support the nonprofit's neighborhood revitalization work in Camden's Parkside area, focusing on commercial development and housing. The change modifies the Fiscal Year 2026 appropriations act to shift the funding source while maintaining the same total appropriation amount. This is a procedural reallocation of existing funds, not a new policy or funding increase.
Issues: ✓ HousingSupports HousingRedirects $500k to nonprofit for housing-focused neighborhood revitalization in Parkside area, advancing housing development via capital project funds.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Mar 23, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Technical Review Of Prefiled Bill → Introduced · 2 edits · Jan 13, 2026
MINOR
The bill transitions from a technical review version to its introduced version, with the addition of a formal statement clarifying its purpose. The statement reveals that the bill reassigns $500,000 from the City of Camden's Capital Projects appropriation to Parkside Business & Community in Partnership, a 501(c)(3) non-profit focused on neighborhood revitalization in Camden's Parkside area.
Scope change
The funding recipient shifts from the City of Camden (for general Capital Projects) to a specific non-profit organization, Parkside Business & Community in Partnership, narrowing the scope from municipal capital projects to targeted neighborhood revitalization in the Parkside area.
FISCAL

A statement section was added explaining that $500,000 is being reassigned from the City of Camden Capital Projects appropriation to Parkside Business & Community in Partnership, a 501(c)(3) non-profit organization local to Camden.

TECHNICAL

The bill status changed from 'As reported by the Assembly Housing Committee with technical review' to 'Introduced Pending Technical Review by Legislative Counsel,' and the designation changed from A2408 TR to A2408.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
Mar 9, 2026
Lower · Passed
Reported out of Assembly Committee, 2nd Reading
lower
Jan 13, 2026
Introduced
Introduced, Referred to Assembly Housing Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.