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S4338
SENATE, No. 4338
STATE OF NEW JERSEY
222nd LEGISLATURE
�
INTRODUCED MAY 28, 2026
Sponsored by:
Senator� VINCENT J. POLISTINA
District 2 (Atlantic)
SYNOPSIS
���� Requires CRDA board membership to include at least
three voting members who are Atlantic County residents.�
CURRENT VERSION OF TEXT
���� As introduced.
��
An Act
concerning the membership of the Casino Reinvestment
Development Authority board of directors and amending P.L.1984, c.218.
����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:
���� 1.��� Section 5 of P.L.1984,
c.218 (C.5:12-153) is amended to read as follows:
���� 5. a. There is established in,
but not of, the Department of the Treasury a Casino Reinvestment Development
Authority to consist of the following members:�
���� (1)�� Six members appointed by
the Governor with the advice and consent of the Senate for terms of four years,
except that of the initial members to be appointed pursuant to this 1991
amendatory act, P.L.1991, c.219, one shall be appointed for a term of two years
and one for a term of four years;�
���� (2)�� Two members appointed by
the Governor upon the recommendation of the President of the Senate for a term
of four years;�
���� (3)�� Two members appointed by
the Governor upon the recommendation of the Speaker of the General Assembly for
a term of four years;�
���� (4)�� A member of the Casino
Control Commission, who shall be appointed by the Governor and shall be a
voting member of the authority;�
���� (5)�� The mayor of Atlantic
City, ex officio and voting;
���� (6)�� The� Attorney General
and the State Treasurer, ex officio and voting;
���� (7)�� Two casino industry
representatives, both of whom shall be voting members, appointed by the
Governor for terms of two years, except that of the initial appointees, one
shall serve for a term of one year and one for a term of two years.� No person
shall be reappointed to succeed himself as a casino industry representative
member, and no person appointed shall be an employee, officer or agent of the
same casino licensee as the person whom he succeeds as a casino industry
representative member; and
���� (8)�� One member appointed by
the Governor to serve ex officio as a voting member, who shall be either the
Commissioner of the Department of Commerce and Economic Development or the
Commissioner of the Department of Community Affairs, or� the Governor may appoint,
in lieu thereof, an additional member of the Casino Control Commission as a
voting member.
���� No more than four of the
voting members appointed by the Governor pursuant to paragraph (1) of this
subsection shall be of the same political party.
���� In the appointment of members
of the authority, consideration should be given to achieving a membership of
high quality and varied experience, with special emphasis on the fields of
banking, finance, investment, and housing and urban development.
���� b.��� Each member appointed by
the Governor shall hold office for the term of his appointment and until his
successor shall have been appointed and qualified.� A member shall be eligible
for reappointment.� Any vacancy in the membership occurring other than by
expiration of term shall be filled in the same manner as the original
appointment but for the unexpired term only.�
���� c.���� The member or members
of the Casino Control Commission appointed by the Governor shall serve as a
member or members of the Casino Reinvestment Development Authority at the
pleasure of the Governor, subject to the limitations in subsections c., f., and
h. of section 52 of P.L.1977, c.110 (C.5:12-52). Such a member may be removed
or suspended from office as a member of the Casino Reinvestment Development
Authority as provided in section 6 of this act.� Any removal or suspension from
office of a member of the Casino Control Commission from the Casino
Reinvestment Development Authority shall not affect his office held as a member
of the Casino Control Commission.� Removal from office as a member of the
Casino Control Commission may only be done in accordance with subsection g. of
section 52 of P.L.1977, c.110 (C.5:12-52).
����
d.��� Following the
effective date of P.L.��� , c.��� (pending before the Legislature as this
bill), at least three of the six members appointed by the Governor pursuant to
paragraph (1) of subsection a. of this section shall be residents of Atlantic
County.� This requirement shall apply to appointments made after the effective
date of P.L.��� , c.��� (pending before the Legislature as this bill), but
shall not be construed to require the appointment of new members prior to the
expiration of the terms of the members serving on the effective date of P.L.���
, c.��� (pending before the Legislature as this bill).
(cf: P.L.2004, c.129, s.11)
���� 2.��� This act shall take
effect immediately.
STATEMENT
���� This bill requires that at
least three of the six public members appointed to the board of directors of
the Casino Reinvestment Development Authority (CRDA) by the Governor with the
advice and consent of the Senate be residents of Atlantic County.�
���� Under current law, the CRDA is
responsible for overseeing and fostering investment and development in Atlantic
City.� The CRDA is governed by a Board of Directors composed of 17 members, of
which six members are appointed by the Governor with the advice and consent of
the Senate.� No more than four of these six members can be of the same
political party. �However, there is currently no residency requirement for such
members.�
���� By requiring that at least
three members be residents of Atlantic County, this bill seeks to ensure that
the priorities of the CRDA align with the needs of the local community.