New Jersey Statutes 5:12-173.1. Findings, declarations relative to redevelopment in Atlantic City
Terms Used In New Jersey Statutes 5:12-173.1
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
The Legislature declares that it is the public purpose of this amendatory act, P.L.1996, c.118 (C. 5:12-173.3a et al.), that financial assistance to casino licensees to construct, reconstruct or rehabilitate hotel rooms in Atlantic City shall be determined after excluding costs reasonably related to space used for the conduct of casino gaming. It was, and continues to be, the public purpose of P.L.1993, c.159 (C. 5:12-173.1 et seq.) that financial assistance may be provided to a project which includes, incorporates, facilitates or supports space used for the conduct of casino gaming in a casino hotel facility, but only for costs reasonably related to hotel rooms and their appurtenant facilities in the project.
The Legislature declares that it is the public purpose of this amendatory and supplementary act, P.L.2003, c.116 (C. 5:12-148.1 et al.), that the proceeds of the increase in the fee imposed on the minimum charge for casino hotel parking within Atlantic City be deposited into the Casino Revenue Fund in State fiscal years 2004 through 2006, in order to assist the Casino Revenue Fund, and thereafter for use for the purposes specified.
L.1993,c.159,s.1; amended 1996, c.118, s.1; 2003, c.116, s.8.