Credits $2.35 billion to "New Jersey Debt Defeasance and Prevention Fund"; appropriates $4.32 billion to Department of Treasury to provide funds to municipalities and counties for debt retirement and avoidance.
Allows county sheriffs to issue firearms identification cards and permits to purchase handguns; authorizes county sheriffs to accept applications for permits to carry handguns.
Requires public utility to reimburse the State or local unit, in certain circumstances, for costs incurred in securing potentially dangerous condition caused by property controlled by the public utility.