Section 26:2C-50 - "Global Warming Solutions Fund."

NJ Rev Stat § 26:2C-50 (2019) (N/A)
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26:2C-50 "Global Warming Solutions Fund."

6. There is established in the Department of the Treasury a special, nonlapsing fund to be known as the "Global Warming Solutions Fund." The fund shall be administered by the State Treasurer and shall be credited with:

a. moneys received as a result of any sale, exchange or other conveyance of allowances through a greenhouse gas emissions allowance trading program;

b. such moneys as are appropriated by the Legislature; and

c. any return on investment of moneys deposited in the fund.

L.2007, c.340, s.6.