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“Coronavirus Relief Bonds,” coming to a town near you

money

the staff of the Ridgewood blog

Ridgewood NJ, Legislation establishing a new financing mechanism to enable local units to borrow money through the issuance of “coronavirus relief bonds,” was among numerous measures approved by the full Assembly 56-20-4 on Thursday to help mitigate the effects of the pandemic in the state.

The bill (A-3971) is sponsored by Assembly members Daniel Benson (D- Mercer, Middlesex), Speaker Craig Coughlin (D-Middlesex) and Wayne DeAngelo (D-Mercer, Middlesex).

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