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Assembly Commerce and Economic Development Committee Statement to Assembly, No. 5447 (March 8, 2021)

Summary

Assembly Commerce and Economic Development Committee statement to Assembly, No. 5447, with committee amendments, State of New Jersey, dated March 8, 2021. The committee reports Assembly Bill No. 5447 favorably and with committee amendments. As amended, the bill makes $15 million in federal funds available to the Economic Development Authority (EDA) to award grants to arts and culture organizations that need support as a result of the public health crisis. The bill includes $7.5 million to the New Jersey Council on the Arts for grants to nonprofit arts and culture entities.

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“Assembly Commerce and Economic Development Committee Statement to Assembly, No. 5447 (March 8, 2021).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-03-08-ace-a5447-s1-4fe69721fd/, SHA-256 4c2d5424a7749f4f57983359a95540d34a0f066e11baa1d8dd56bc481d076716.

Full text

ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT
                COMMITTEE

                          STATEMENT TO

                     ASSEMBLY, No. 5447
                         with committee amendments



       STATE OF NEW JERSEY
                           DATED: MARCH 8, 2021

          The Assembly Commerce and Economic Development Committee
      reports favorably and with committee amendments Assembly Bill No.
      5447.
          This bill, as amended, makes $15 million in federal funds available
      to the Economic Development Authority (EDA) to award grants to arts
      and culture organizations who are in need of support as a result of the
      public health crisis, including $7.5 million to the New Jersey Council
      on the Arts for the purposes of issuing grants to nonprofit arts and
      culture entities.

      COMMITTEE AMENDMENTS:
          The committee amended the bill so that it is not a supplemental
      appropriation, but rather makes funding available for the bill’s
      designated purpose.

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