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This bill requires businesses receiving New Jersey economic development subsidies (over $25,000) to pay for environmental cleanup costs if they violate state environmental laws. It authorizes the Environmental Commissioner to issue orders for compliance, pursue fines, or seek civil penalties for violations causing pollution incidents (like air, land, or water discharges). Businesses found responsible must cover all "costs to address the environmental incident," including remediation, relocation, and health services for affected residents. The bill directly affects businesses receiving state subsidies who violate environmental laws, potentially leading to forfeiture of their subsidies and payment of cleanup costs.
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Economic Development
Bill S 313 requires businesses receiving economic development subsidies (over $25,000) to forfeit a portion of those funds or pay remediation costs if they violate New Jersey’s environmental laws. Specifically, if a business causes an environmental incident (e.g., pollution discharge triggering a state violation notice), it must either forfeit 20% of its annual subsidies or cover the full "costs to address the incident" (including cleanup, relocation, and health services). This applies to for-profit entities receiving state subsidies under programs administered by the New Jersey Economic Development Authority. The bill directly affects businesses that breach environmental laws while benefiting from state economic incentives, with no political advocacy - only a clear policy mechanism for accountability.