This bill proposes the transfer of the New Jersey Historic Trust from the Department of State to the Department of Community Affairs (DCA), aligning statutory law with its current operational affiliation. It amends several existing laws to reflect this change, including the creation of the Trust as a body corporate under the DCA, and updates the composition and qualifications of the board of trustees. The new requirements stipulate that trustees must have a minimum of five years of experience in relevant fields such as historic preservation, fundraising, or architecture, while also maintaining the inclusion of key state officials as ex officio members.

Additionally, the bill expands the Trust's authority to collect fees for educational initiatives, such as workshops, and allows the Trust to set application fees for loans from the Historic Preservation Revolving Loan Fund, which will be determined through regulation. It also ensures that all existing rules and regulations remain in effect following the transfer. Overall, the legislation aims to enhance the operational efficiency and governance of the New Jersey Historic Trust while promoting historic preservation efforts in the state.

Statutes affected:
Introduced: 13:1B-15.111, 13:1B-15.112, 13:1B-15.115