A120 • 2026

Makes $500,000 supplemental appropriation from Property Tax Relief Fund to Borough of North Caldwell to fund restoration of Walker's Family Home at Walker's Park and Walker's Park property.

Budget Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Barlas, Al
Last action: 2026-01-13
Official status: Introduced, Referred to Assembly State and Local Government Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Makes $500,000 supplemental appropriation from Property Tax Relief Fund to Borough of North Caldwell to fund restoration of Walker's Family Home at Walker's Park and Walker's Park property.

What This Bill Does

Makes $500,000 supplemental appropriation from Property Tax Relief Fund to Borough of North Caldwell to fund restoration of Walker's Family Home at Walker's Park and Walker's Park property.
Topic: State and Local Government Fiscal note: This bill has not been certified by OLS for a fiscal note.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-01-13 New Jersey Legislature
Introduced, Referred to Assembly State and Local Government Committee

Official Summary Text

Makes $500,000 supplemental appropriation from Property Tax Relief Fund to Borough of North Caldwell to fund restoration of Walker's Family Home at Walker's Park and Walker's Park property.
Topic:
State and Local Government
Fiscal note:
This bill has not been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text

A120

ASSEMBLY, No. 120

STATE OF NEW JERSEY

222nd LEGISLATURE

�

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Assemblyman AL BARLAS

District 40 (Bergen, Essex and Passaic)

Assemblyman CHRISTOPHER P. DEPHILLIPS

District 40 (Bergen, Essex and Passaic)

SYNOPSIS

���� Makes $500,000 supplemental appropriation from
Property Tax Relief Fund to Borough of North Caldwell to fund restoration of
Walker's Family Home at Walker's Park and Walker's Park property.

CURRENT VERSION OF TEXT

���� Introduced Pending Technical Review by Legislative
Counsel.

��

A
Supplement
to the annual appropriations act
for the fiscal year ending June 30, 2024, P.L.2023, c.74.

����
Be It
Enacted
by the Senate and the General Assembly
of the State of New Jersey:

���� 1.� In addition to the amounts
appropriated under P.L.2023, c.74, the annual appropriations act for the fiscal
year ending June 30, 2024, there is appropriated from the Property Tax Relief
Fund the following amount for the purpose specified:

22 DEPARTMENT OF COMMUNITY AFFAIRS

70 Government, Direction, Management,
and Control

75 State Subsidies and Financial Aid

STATE AID

04-8030� Local Government
Services ................................... $500,000

���������������� Total State
Aid appropriation,����������������������������������������������

������������������ State
Subsidies and Financial Aid .....................
$500,000

State Aid:

�������� 04�� Borough of
North Caldwell � Restoration of the Walker�s Family Home at Walker�s Park and
the Walker�s Park property (PTRF).................................... ($500,000)

���� 2.� This act shall take effect
immediately.

STATEMENT

���� This bill appropriates an
additional $500,000 from the Property Tax Relief Fund to the Borough of North
Caldwell, Essex County, to fund the restoration of the Walker�s family home at
Walker�s Park and the Walker�s Park property.� Walker�s Park is a 17-acre site
acquired by North Caldwell in 2016.� The sponsor intends that the funds
appropriated in the bill would be used for the restoration, and that the
Borough of North Caldwell be able to use the restored home and property as it
sees fit.