STATEMENT TO

SENATE COMMITTEE SUBSTITUTE FOR

ASSEMBLY, No. 2419

with Senate Floor Amendments

(Proposed By Senator SINAGRA)

ADOPTED: JUNE 21, 1999



This amendment permits a municipal or county agency which forwards monies to the State Treasurer pursuant to this committee substitute, from a $1 surcharge added to all motor vehicle fines for deposit in a newly created "New Jersey Spinal Cord Research Fund," to retain an amount equal to 2% of the monies which it collects from the surcharge as compensation for its administrative costs associated with this process. The purpose of this amendment is to ensure that the State does not impose an unfunded mandate on municipalities and counties in violation of the provisions of Article VIII, Section II, paragraph 5 of the State Constitution.