New Jersey § 48:3-106
Full text of New Jersey New Jersey Statutes § 48:3-106, with citation guidance and answers to common questions.
§ 48:3-106.
a. The Board of Public Utilities shall establish and administer a fund to be known
as the School and Small Business Energy Efficiency Stimulus Program Fund for the purpose
of providing grants to boards of education and small businesses for the installation
of certain HVAC systems and energy efficient and water-conserving appliances to improve
air quality and energy efficiency in school districts under the jurisdiction of a
board of education and small businesses, including school districts and small businesses
in underserved communities. The monies deposited into the program fund shall only be used to support the following
programs: (1) The School and Small Business Ventilation and Energy Efficiency Verification and
Repair Program; and (2) The School and Small Business Noncompliant Plumbing Fixture and Appliance Program. b. Seventy-five percent of projects funded by the SSBVEEVR Program or SSBNPFA Program
shall be allocated for school districts and small businesses located in underserved
communities. c. The board shall begin to solicit applications from boards of education and small
businesses for grants made pursuant to this section on or before October 1, 2021 and
begin to approve applications for a grant no later than December 1, 2021, subject
to the availability of funds. d. The program fund shall be funded by monies provided to the State from the federal
government under the “American Rescue Plan Act of 2021,” Pub. L. 117-2 , as determined by the board, and shall be allocated as follows: (1) 75 percent of funds for the SSBVEEVR Program; and (2) 25 percent of funds for the SSBNPFA Program. e. Seventy-five percent of grant funds issued pursuant to this section shall be awarded
to school districts and the remaining 25 percent shall be awarded to small businesses. f. Program grants made pursuant to this section shall provide no more than 75 percent
of the cost of projects approved by the board, with the remaining 25 percent covered
by non-SSBVEEVR or non-SSBNPFA funding sources, as applicable.
Frequently Asked Questions About New Jersey § 48:3-106
What does New Jersey Statutes § 48:3-106 cover?
Section 48:3-106 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 § 48:3-106?
A common citation format is "New Jersey Statutes § 48:3-106" (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 § 48:3-106 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.