SENATE, No. 3264

STATE OF NEW JERSEY

221st LEGISLATURE

 

INTRODUCED MAY 16, 2024

 


 

Sponsored by:

Senator  GORDON M. JOHNSON

District 37 (Bergen)

Senator  NILSA I. CRUZ-PEREZ

District 5 (Camden and Gloucester)

 

Co-Sponsored by:

Senator Greenstein

 

 

 

 

SYNOPSIS

     Makes supplemental appropriation of $500,000 to DCA for NJ State Veterans Chamber of Commerce for veteran economic development and outreach and skills development.

 

CURRENT VERSION OF TEXT

     As introduced.

  


A Supplement to the annual appropriations act for the fiscal year ending June 30, 2024, P.L.2023, c.74.

 

     Be It Enacted by the Senate and the General Assembly of the State of New Jersey:

 

     1.  In addition to the amounts appropriated under P.L.2023, c.74, the annual appropriations act for the fiscal year ending June 30, 2024, there is appropriated from the General Fund the following amount for the purpose specified:

 

22 DEPARTMENT OF COMMUNITY AFFAIRS

50 Economic Planning, Development, and Security

55 Social Services Programs

 

GRANTS-IN-AID

05-8050  Community Resources............................................. $500,000

                 Total Grants-in-Aid Appropriation,                                      

                   Social Services Programs ................................... $500,000

Grants-in-Aid:

         05    New Jersey State Veterans Chamber of Commerce ($500,000)

 

The amount hereinabove appropriated for New Jersey State Veterans Chamber of Commerce shall be utilized for programs or resources operated or authorized by the New Jersey State Veterans Chamber of Commerce that aim to address veteran economic development and outreach and skills development for veterans.

 

     2.  This act shall take effect immediately.

 

 

STATEMENT

 

     This bill supplements the Fiscal Year 2024 Appropriations Act.  The bill appropriates $500,000 to the Department of Community Affairs for the New Jersey State Veterans Chamber of Commerce.

     The New Jersey State Veterans Chamber of Commerce is a non-profit organization that is focused on improving the economic environment for veterans and military spouses.  Membership is open to all veteran-owned businesses with a mission focused on education, veteran business advocacy, networking, as well as procurement and supplier diversity events.  Their goal is to make New Jersey’s economy fairer to veteran-owned and service-connected disabled veteran-owned businesses and facilitate veteran job creation.

     The New Jersey Veterans Chamber of Commerce is reliant on State funds for operational and programmatic costs.  Through the provision of these funds, the New Jersey State Veterans Chamber of Commerce will be able to carry out imperative programs to New Jersey veterans, such as supporting veteran economic development, as well as outreach and skills development.  These programs improve the quality of life for veterans statewide, whilst also allowing them to participate in the State’s economy.

     In FY 2023, the State funded the New Jersey State Veterans Chamber of Commerce through a $500,000 appropriation. 

     This supplemental appropriation will continue the State’s support of veterans, veteran-owned businesses, and their role in the Statewide economy.