Bill
A 3951
The bill appropriates $28,670,924 from existing bond funds to finance 17 dam restoration, repair, and inland waters projects via loans to private dam owners, lake associations, and
Note on source documents
- The bill title you provided ("Enacts the New York state antisemitism vandalism act") does not match the text of the supplied documents. The documents attached and summarized below concern a New Jersey Assembly committee substitute (A‑3951) that appropriates bond‑act monies for dam restoration/repair and inland waters projects. This summary covers the actual bill text in the provided documents (bond appropriations for dam and inland waters projects), not the unrelated antisemitism vandalism title.
Purpose
- To appropriate $28,670,924 in previously authorized bond‑act monies (from 2003 and 1992 bond programs) to provide loans for dam restoration and repair projects and for an inland waters project, including administrative costs, for 17 specified projects.
Key provisions and changes
- Appropriates a total of $28,670,924 drawn from two existing funds:
- $22,431,294 from the 2003 “Dam, Lake and Stream Project Revolving Loan Fund” (established by P.L.2003, c.162).
- $6,239,630 from the 1992 “Dam Restoration and Clean Water Trust Fund” (established by P.L.1992, c.88).
- Provides 13 loans using 2003 fund monies and 4 loans using 1992 fund monies to finance dam restoration and repair projects and one inland waters project.
- Eligible borrowers include owners of private dams, private lake associations or similar organizations (as co‑applicants with a local government unit), and local government units that own dams.
- Appropriates any additional monies that may be or become available to these funds on or before June 30, 2024 (e.g., interest earnings, loan repayments) for listed projects and other law‑authorized projects.
- Funds may be used for project costs and administrative expenses related to loan-making.
Who is affected
- Private dam owners and private lake associations (when partnered with a local government unit).
- Local government units that own dams.
- Communities served by the 17 identified dam/inland waters projects (project list referenced in the bill).
- The administering state entities that manage the revolving loan funds and project oversight.
Funding details
- Total appropriation: $28,670,924
- 2003 fund: $22,431,294 (13 loans)
- 1992 fund: $6,239,630 (4 loans)
- Sources: monies made available by project cancellations, withdrawals, cost savings, interest earnings, and loan repayments.
Procedural status and timeline (from documents)
- Introduced: March 4, 2024 (Referred to Assembly Environment, Natural Resources, and Solid Waste Committee)
- Reported as a committee substitute by Assembly Environment, Natural Resources, and Solid Waste Committee: March 10, 2025
- Reported out of Assembly Committee, 2nd Reading / Recommitted to Assembly Appropriations Committee: March 20, 2025
- Substitute by S2594 (2R): March 24, 2025
- Referred to Codes: January 30, 2025 (listed twice)
- Held for consideration in Codes: May 13, 2025
Fiscal impact
- Committee reports state the bill is not certified as requiring a fiscal note. Appropriation uses previously authorized bond proceeds and available fund balances (including loan repayments and interest).
Sponsorship and related measures
- Original sponsor (introduced version): Assemblywoman Dawn Fantasia (Dist. 24).
- Committee substitute sponsors include Assemblymen David Bailey, Jr., Dawn Fantasia, and Louis D. Greenwald.
- Co‑sponsors listed in documents include several Assembly members.
- Companion/related bills: S‑2594 (companion), S‑531 (companion), S‑8625 (prior session).
Note
- This summary reflects the content of the committee‑reported Assembly Committee Substitute for A‑3951 provided in the documents. If you intended a different A‑3951 (for example, a New York bill titled the antisemitism vandalism act), please provide the correct text or documents and I will prepare a summary for that measure.
Compiled from official sources — confirm details with the bill’s official record.
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