An Act appropriating $60 million from constitutionally dedicated corporation business tax revenues for the development of lands by the State for recreation and conservation purposes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. There is appropriated the sum of $60,000,000 from dedicated corporation business tax revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution in the “Preserve New Jersey Green Acres Fund,” established pursuant to section 6 of the “Preserve New Jersey Act,” P.L.2016, c.12 (C.13:8C-48), to the Department of Environmental Protection for the development of lands by the State for recreation and conservation purposes in accordance with the provisions of the “Preserve New Jersey Act,” P.L.2016, c.12 (C.13:8C-43 et seq.). Of the amount appropriated pursuant to this paragraph, the sum of $9,187,000 is available due to interest earnings on the dedicated corporation business tax revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution.
b. The funds appropriated pursuant to subsection a. of this section shall be allocated as follows:
Project Amount
BOATING & FISHING ACCESS
Access Facilities 1,000,000
CAMPING DEVELOPMENT
Camping, Cabin/Shelter Program 4,500,000
Sanitary Facilities 4,700,000
HABITAT IMPROVEMENTS & ACCESS
Habitat Improvements & Access 1,000,000
INFRASTRUCTURE
Bridge Repairs 2,153,000
Building Repairs and Renovations 5,500,000
Dam Inspections, Repairs, Removals 2,153,000
Health and Life Safety Projects 10,000,000
Historic Structure Stabilization and Repairs 7,000,000
Recreational Development 13,500,000
Road Repairs 2,000,000
IN-HOUSE PROJECTS 500,000
PALISADES INTERSTATE PARK COMMISSION 850,000
OTHER
Contingency Fund for Repairs 2,644,000
Administration 2,500,000
TOTAL $60,000,000
c. Notwithstanding the provisions of subsection e. of section 6 of P.L.2016, c.12 (C.13:8C-48) or any other law to the contrary, the expenditure of funds pursuant to this section shall not require the approval of the Joint Budget Oversight Committee, or its successor. The department may reallocate funds among the projects identified in subsection b. of this section, subject to the approval of the Director of the Division of Budget and Accounting in the Department of the Treasury. The department shall send written notification of any such reallocation of funds to the President of the Senate, the Speaker of the General Assembly, the Legislative Budget and Finance Officer, the Joint Budget Oversight Committee, or its successor, and the Chairs of the Senate Environment and Energy Committee and Assembly Environment and Solid Waste Committee, or their respective successor committees.
2. There is appropriated from the General Fund to the “Preserve New Jersey Green Acres Fund,” established pursuant to section 6 of the “Preserve New Jersey Act,” P.L.2016, c.12 (C.13:8C-48), the sum of $50,813,000 to implement the provisions of section 1 of this act.
3. This act shall take effect immediately.
Approved January 30, 2025.