New Jersey § 18a:7g-24
Full text of New Jersey New Jersey Statutes § 18a:7g-24, with citation guidance and answers to common questions.
§ 18a:7g-24.
The development authority, in consultation with the State Treasurer, the financing
authority, and the commissioner, shall biannually submit to the Governor, the Joint
Budget Oversight Committee, the President of the Senate and the Speaker of the General
Assembly a report on the school facilities construction program established pursuant
to the provisions of this act. The report shall be submitted no later than June 1 and December 1 of each year and
shall include, but not be limited to, the following information for the prior six-month
period: the number of school facilities projects approved by the commissioner pursuant
to section 5 of P.L.2000, c. 72 ( C.18A:7G-5 ); the number of projects undertaken and funded by the development authority; the information on construction contracts required to be compiled pursuant to section
1 of P.L.2010, c. 96 ( C.18A:7G-24.1 ); the aggregate principal amount of bonds, notes or other obligations issued by the
financing authority for the State share of construction and renovation of school facilities
and whether there is a need to adjust the aggregate principal amount of bonds, notes
or other obligations authorized for issuance pursuant to subsection a. of section
14 of P.L.2000, c. 72 ( C.18A:7G-14 ); the number of approved projects which exceeded the facilities efficiency standards,
the components of those projects which exceeded the standards, and the amount of construction
by individual districts and Statewide estimated to have exceeded the standards; and
recommendations for changes in the school facilities construction program established
pursuant to this act which have been formulated as a result of its experience with
the program or through collaboration with program stakeholders. In addition, the biannual report shall include a comparison of the costs of school
facilities projects undertaken and funded by the development authority to similar
school facilities projects constructed in the New York City Metropolitan Statistical
Area and the Philadelphia Metropolitan Statistical Area as defined by the United States
Department of Labor. The development authority shall include in the report an explanation of the methodology
used in making the comparison.
Frequently Asked Questions About New Jersey § 18a:7g-24
What does New Jersey Statutes § 18a:7g-24 cover?
Section 18a:7g-24 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 18a:7g-24?
A common citation format is "New Jersey Statutes § 18a:7g-24" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 18a:7g-24 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.