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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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill increases financial aid 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 ensure municipalities receive adequate funding for this critical role. Finally, it mandates that municipalities use at least 25% of these funds for school funding.
Bill text
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Document of record
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Sponsors
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3 on record
Primary sponsors
Anthony Bucco
Joseph Pennacchio
Cosponsor
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