A 4998
Authorizes use of certain constitutionally dedicated CBT revenues for grants for prevention and remediation of harmful algal blooms.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill authorizes the use of specific, constitutionally dedicated corporation business tax (CBT) revenues to fund grants for local governments. These grants are intended to support the prevention and remediation of harmful algal blooms in New Jersey’s waters. The bill reallocates funds from the Watershed Management Fund and clarifies how these revenues can be used for sewer and stormwater infrastructure projects, as well as for stewardship activities and conservation land acquisition. It also modifies the Preserve New Jersey Green Acres Fund to prioritize Blue Acres projects aimed at addressing harmful algal blooms.
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