New Jersey Statutes 52:9P-15. Program for observance of 250th anniversary of U.S. independence, first Constitution of this State
Terms Used In New Jersey Statutes 52:9P-15
- Contract: A legal written agreement that becomes binding when signed.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- 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
b. As part of the implementation of a program in accordance with subsection a. of this section, P.L.2018, c.103 (C. 52:9P-15), the commission may enter into a contract with a private entity, to be referred to as a public-private partnership agreement, to coordinate and plan the programs and observance of the State’s semiquincentennial celebration of the founding of the United States, and to ensure that the State is appropriately recognized for its role in the American Revolution. A private entity will be eligible to enter into the public-private partnership with the commission if:
(1) it is a tax-exempt nonprofit organization as defined in this section; and
(2) it is responsible for the maintenance and administration of a national heritage area dedicated to the history of the American Revolution as it relates to New Jersey.
Any partnership agreement between the commission and a private entity shall establish an advisory council to support and guide the work of the partnership. In addition to funds appropriated to the commission or the private entity related to the commemoration of the semiquincentennial anniversary of the founding of the United States, the advisory council shall undertake fundraising efforts and seek out sources of revenue for the partnership’s commemoration of the 250th anniversary of the founding of the United States. The advisory council shall also develop collaborative activities with the Division of Parks and Forestry and the Division of Travel and Tourism for the planning and promotion of semiquincentennial programs and activities.
c. Any partnership agreement entered into between the commission and a private entity pursuant to this section, P.L.2018, c.103 (C. 52:9P-15) shall expire no later than December 31, 2033.
d. As used in this act:
“Public-private partnership agreement” means an agreement entered into by the New Jersey Historical Commission and a private entity pursuant to subsection b. of this section, P.L.2018, c.103 (C. 52:9P-15).
“Tax-exempt nonprofit organization” means a nonprofit organization that is exempt from federal taxation pursuant to section 501(c)(3) of the federal Internal Code, 26 U.S.C. § 501(c)(3).
L.2018, c.103, s.1.