LEGISLATIVE FISCAL ESTIMATE

[Second Reprint]

ASSEMBLY, No. 4934

STATE OF NEW JERSEY

220th LEGISLATURE

 

DATED: JUNE 26, 2023

 

 

SUMMARY

 

Synopsis:

Establishes Mobility and Transportation Innovation Pilot Program in DOT; appropriates $2 million.

Type of Impact:

State expenditure increase from the General Fund; local revenue increase.

Agencies Affected:

Department of Transportation; local government units and transit agencies in Mercer County.

 

 

Office of Legislative Services Estimate

Fiscal Impact

Time Limited Duration of Pilot Program

 

State Expenditure Increase

Up to $2 million

 

Local Revenue Increase

Up to $2 million

 

 

 

 

         The Office of Legislative Services (OLS) concludes that the bill may result in a State cost increase of up to $2 million in the first year the bill is in effect.† If the full $2 million is not expended in the first year, the residual amount will be spent in subsequent fiscal years until the full $2 million is exhausted.†

         The State expenditure increase would lead to a concurrent revenue increase for local government units within Mercer County associated with grant monies received under the Mobility and Transportation Innovation Pilot Program.†

 

BILL DESCRIPTION

 

††††† This bill establishes the Mobility and Transportation Innovation Pilot Program in the Department of Transportation and appropriates $2 million from the General Fund to support the program.†

††††† Specifically, the program provides grants to local government units and transit agencies to fund public transportation projects within Mercer County that utilize innovative technologies and strategies to enhance passenger mobility, increase access to public transportation among disadvantaged communities, and reduce greenhouse gas emissions.†

††††† Under the bill, the program grants may be used to support the provision of new transportation services, the expansion of existing transportation services, or the matching requirements for an otherwise eligible project that receives federal funding.† However, to qualify for a program grant, the transportation project undertaken by the local government unit or transit agency is required to: (1) enable low-income persons, including persons without access to smartphone technology, to access any transportation services made available through the project; (2) include accessibility features to accommodate the mobility needs of persons with disabilities; (3) utilize innovative technologies or strategies that have already demonstrated success in similar transportation projects; and (4) meet any other eligibility criteria established by the department.†

††††† Under the bill, local government units and transit agencies may submit applications to the Commissioner of Transportation. At a minimum, the application is required to describe the transportation project, including the total anticipated project costs, all other sources of funding, and the requested grant amount. The application should also demonstrate that the project qualifies for the program.† Thereafter, the commissioner is to award grants, on a competitive basis, in such amounts as the commissioner deems appropriate.†

††††† The bill also requires the department to submit a written report detailing operations of the program within one year of the billís effective date. At a minimum, the report is required to describe each project for which a program grant was awarded, specify the amount of each grant award, and assess the performance of the program.†

 

 

FISCAL ANALYSIS

 

EXECUTIVE BRANCH

 

††††† None received.†

 

OFFICE OF LEGISLATIVE SERVICES

 

††††† The OLS concludes that the bill may result in a State cost increase of up to $2 million in the first year the bill is in effect.† If the full $2 million is not expended in the first year, the residual amount will be spent in subsequent fiscal years until the full $2 million is exhausted.†

††††† The State expenditure increase would lead to a concurrent revenue increase for local government units within Mercer County associated with grant monies received under the Mobility and Transportation Innovation Pilot Program.†

 

Section:

Authorities, Utilities, Transportation and Communications

Analyst:

Michael D. Walker

Assistant Fiscal Analyst

Approved:

Thomas Koenig

Legislative Budget and Finance Officer

 

This legislative fiscal estimate has been produced by the Office of Legislative Services due to the failure of the Executive Branch to respond to our request for a fiscal note.

 

This fiscal estimate has been prepared pursuant to P.L.1980, c.67 (C.52:13B-6 et seq.).