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Terms Used In New Jersey Statutes 12:8-5

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
12:8-5. The commission shall lay before the Legislature, the Governor and the State Treasurer annually:

a. (Deleted by amendment, P.L.2004, c.72);

b. A report of the activities of the commission within the last year;

c. A statement of the number of licensed maritime pilots, docking pilots and the number of vessels taken in and out; and

d. Such observations in relation to the system of pilotage as in its opinion may tend to the benefit of the cause of commerce and be of advantage to the general interest of the State.

The report shall also include: (1) The commission’s receipts and disbursements or revenues and expenses during that year in accordance with the categories and classifications established by the commission for its own operating and capital outlay purposes and as may be requested by the State Treasurer;

(2) Its assets and liabilities at the end of the year;

(3) A list of all contracts exceeding $17,500 entered into during the year; and

(4) A table of organization of the commission’s employees.

Amended 2004, c.72, s.8.