ASSEMBLY APPROPRIATIONS COMMITTEE

 

STATEMENT TO

 

ASSEMBLY, No. 6270

 

STATE OF NEW JERSEY

 

DATED:  JANUARY 8, 2026

 

      The Assembly Appropriations Committee reports favorably Assembly Bill No. 6270.

      As reported, this bill requires the Department of Community Affairs, to the extent that there remains sufficient, uncommitted appropriations, to resume the Reconstruction, Rehabilitation, Elevation and Mitigation program and accept grant applications to provide funding which was intended to fund the unmet needs of Superstorm Sandy-impacted homeowners who are still in need of recovery and rebuilding financial assistance.

 

FISCAL IMPACT:

      The Office of Legislative Services (OLS) determines that the bill may result in a State expenditure increase to the extent the Department of Community Affairs provides additional grant funding as a result of the bill.