S1129 — Permits municipalities and counties to issue bonds to fund buy-out of accumulated leave time in order to reduce future terminal leave expenses.

S1129 — Permits municipalities and counties to issue bonds to fund buy-out of accumulated leave time in order to reduce future terminal leave expenses. · Informed CitizenryThis bill amends N.J.S.40A:2-3 to allow local units, such as municipalities and counties, to incur indebtedness, borrow money, or issue negotiable obligations to fund the payment of supplemental co…Open in Informed Citizenry