This bill transfers the New Jersey Historic Trust from the Department of State to the Department of Community Affairs, aligning statutory law with its current operational affiliation. It amends existing provisions to reflect this change, including the deletion of references to the Department of State and the Secretary of State, replacing them with the Department of Community Affairs and its Commissioner. The bill also modifies the composition and qualifications of the board of trustees, requiring members to have a minimum of five years of experience in relevant fields such as historic preservation, architecture, or cultural nonprofit management.

Additionally, the bill expands the powers of the New Jersey Historic Trust by allowing it to collect fees for workshops and educational initiatives, as well as to determine the amount of application fees for loans from the Historic Preservation Revolving Loan Fund. It ensures that all existing rules and regulations remain in force following the transfer and clarifies the trust's ability to manage its financial resources effectively. The act is set to take effect immediately upon passage.

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