TRENTON – The Assembly passed the Transitional Aid bill 53-16 after the Senate passed it earlier
This bill A4373 appropriates $140.5 million from the State General Fund to the Department of Community Affairs for the Transitional Aid to Localities program.
Of that, $139 million would be available for distribution to eligible municipalities in the current state fiscal year. An additional $1.5 million would be available to pay for administrative costs.
Transitional Aid had been a political football ever since the governor line item vetoed it out of the budget because it did not have the money for oversight.