N.J. Admin. Code § 7:22-3.3 - Purpose

Current through Register Vol. 54, No. 7, April 4, 2022

(a) This subchapter is promulgated for the following purposes:
1. To implement the purposes and objectives of the Bond Acts, and future bond acts and appropriations;
2. To establish policies and procedures for the distribution of funds appropriated pursuant to the Bond Acts, the Federal Water Pollution Control Act Amendments, the Federal Safe Drinking Water Act Amendments and other moneys available to the Fund for the purpose of providing financial assistance to project sponsors through the issuance of Fund loans for the costs of the construction of environmental infrastructure facilities;
3. To protect the public and the State by ensuring that Fund monies appropriated are spent in a proper manner and for the intended purposes;
4. To assure that the distribution and use of Fund monies is consistent with the laws and policies of the State;
5. To establish minimum standards of conduct to prevent conflicts of interest and to ensure proper administration of Fund moneys;
6. To establish accounting procedures for the administration of Fund monies;
7. To establish Fund loan repayment requirements; and
8. To establish standards for the construction of environmental infrastructure facilities.

Notes

N.J. Admin. Code § 7:22-3.3
Amended by R.1992 d.42, effective 1/21/1992.
See: 23 New Jersey Register 3282(a), 24 New Jersey Register 246(a).
References to appropriate laws added.
Amended by R.1995 d.494, effective 9/5/1995.
See: 27 New Jersey Register 1536(a), 27 New Jersey Register 3403(a).
Amended by R.1998 d.407, effective 8/3/1998.
See: 30 New Jersey Register 1144(a), 30 New Jersey Register 2863(a).
In (a), rewrote 1, 2 and 8.

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