New Jersey § 58:10a-37

§ 58:10a-37.

a. The New Jersey Economic Development Authority and the Department of Environmental

Protection shall present a joint annual report to the presiding officers of the two

houses of the Legislature and to the chairmen and members of the Assembly Agriculture

and Waste Management Committee and the Senate Environment Committee, or their successors,

on the status of the financial assistance program, which shall include: a statement

on receipts and expenditures for the Petroleum Underground Storage Tank Remediation,

Upgrade, and Closure Fund; the number of applications for financial assistance received

and the actions taken on the applications; the amount of financial assistance awarded

as loans or as grants for both public entities and other applicants; the identity

and location of the facilities receiving the financial assistance; an assessment

of the adequacy of current funding levels in meeting the statutory objectives of the

fund; an accounting of expenses incurred by the authority in administering the fund;

and such other information, including any legislative or administrative recommendations

for program changes, as the authority and the department may deem appropriate or useful. The annual reports shall be made not later than March 31 of each year beginning

one year following the effective date of this act. The first report shall also contain a needs survey, which shall estimate the scope

and projected costs of all potentially eligible remediation applications for financial

assistance from the fund.