A 4770
Increases amounts of aid paid to certain municipalities that host watershed lands; increases amount annually appropriated to "Highlands Protection Fund" from realty transfer fee revenues.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill increases the financial aid provided to municipalities that host watershed lands, specifically boosting the amount paid per acre for watershed moratorium offset aid and watershed property municipal aid. It also increases the annual appropriation to the ‘Highlands Protection Fund’ from realty transfer fee revenues. The bill aims to support watershed protection efforts and ensures a portion of the aid is directed towards school funding within participating municipalities.
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