Appropriates $77,406,208 from constitutionally dedicated CBT revenues and various Green Acres funds to DEP for local government open space acquisition and park development projects, and for certain administrative expenses.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill allocates $77,406,208 from state funds – specifically constitutionally dedicated corporation business tax (CBT) revenues and Green Acres funds – to the New Jersey Department of Environmental Protection (DEP). The funds will be used to support local governments in acquiring and developing land for recreation and conservation projects, with a focus on projects in densely populated municipalities and counties. A portion of the funds will also cover administrative costs associated with these projects.
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