Establishes special dredging account; directs $5,000,000 of sales tax collected annually be deposited therein; directs DEP to administer account and dredging program with certain requirements.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill establishes a special dredging account to fund the maintenance and restoration of waterways in New Jersey, excluding those within the Port of New Jersey region. It directs $5 million in annual sales tax revenue to this account, which the Department of Environmental Protection (DEP) will administer. The DEP must create and update lists of eligible waterways and prioritize dredging projects, allocating at least 25% of the funds to waterways providing boat access to coastal communities. The bill aims to address the lack of funding for non-port region dredging projects and maintain navigable waterways for recreation and transportation.
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