52:18A-78.8 - Submission to legislature; approval by concurrent resolution - New Jersey Statutes

52:18A-78.8.  Submission to legislature;  approval by concurrent resolution
    a.  The authority shall make the submission to the Legislature required by section 6 of this act to the President of the Senate and the Speaker of the General Assembly on a day when both houses are meeting.  The President and the Speaker shall cause the date of submission to be entered upon the Senate Journal and the Minutes of the General Assembly, respectively.

    b.  Unless the project as described in the submission is approved by adoption of a concurrent resolution to this effect by the affirmative vote of a  majority of the authorized membership of both houses within the time period prescribed in this subsection, the project shall be deemed disapproved and the authority shall not undertake the project.  The President and the Speaker shall  cause a concurrent resolution of approval of the project to be placed before  the members of the respective houses for a recorded vote within the time  period.  The time period shall commence on the day of submission and expire on  the forty-fifth day after submission or for a house not meeting on the  forty-fifth day, on the next meeting day of that house.

     L.1981, c. 120, s. 8, eff. April 16, 1981.