Assembly panel targets $225 million Exxon settlement

Exxon settlement (File Photo)

Exxon settlement (File Photo) (3/19/15)

TRENTON - (AP) - An Assembly panel has advanced measures requiring that more money from environmental settlements be used for cleanup and extending the public notice period for pending settlements.

The measures were passed by the Judiciary Committee Thursday after a hearing on the Christie administration's proposed $225 million environmental settlement with Exxon Mobil.

The first measure would require that one half of any money recovered over $50 million is used for cleanup. The second would extend the public comment period from 30 days to 60.

The settlement enraged Democrats who control the Legislature because court documents show damages were estimated at $8.9 billion.

Christie spokesman Kevin Roberts says that the hearing is another act of partisan political theater. He called it a "historic and fair settlement" that has been in the works since Gov. Jon Corzine's administration.

advertisement | advertise on News 12

Trending Video

St. Joseph High School student Matthew Hall visited 1 Teen battling cancer thanks medical team as he prepares to attend prom
News 12 New Jersey - Weather On The 2 New Jersey Weather Forecast
Some New Jersey Transit riders have vowed not 3 NJ Transit riders vow not to pay fares in protest
The owner of Jewelry Expo in Union Township 4 Sleight-of-hand thieves steal $10K worth of jewelry
A possible protest is taking shape among transit 5 Commuters threaten possible 'No Pay May' protest on NJ Transit

advertisement | advertise on News 12

More News

The state has officially announced a $225 million Democrats want investigation into Exxon settlement

Democrats are calling for a possible criminal investigation and the resignation of New Jersey's acting

New Jersey environmentalists are questioning the state's settlement KIYC: Baykeeper questions Exxon Mobil settlement

Is the Christie Administration letting a huge oil company walk away from massive environmental damage

Christie takes his budget plans to town hall Christie takes his budget plans to town hall meeting

Gov. Chris Christie is again touting his budget plans for the upcoming fiscal year in

Gov. Christie addresses the Exxon-Mobil settlement at town Gov. Christie addresses Exxon-Mobil settlement

Gov. Chris Christie spoke out against critics of his administration's lawsuit settlement with Exxon-Mobil.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE