Concerns local government financing and acquisition of fire fighting apparatus and equipment.*

Summary

The bill revises the state’s asset‑usefulness schedule, specifying how long fire engines, other fire‑fighting equipment, vehicles and a range of municipal property may be considered useful for accounting and leasing purposes. It applies to all local governments in New Jersey that purchase or lease such items. The measure was withdrawn and replaced by Assembly Bill 4687.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share