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NJ S3936

Bill

Status

Passed

1/30/2025

Primary Sponsor

Troy Singleton

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Appropriates $60 million from constitutionally dedicated corporation business tax revenues to the Department of Environmental Protection for development of State lands for recreation and conservation purposes under the "Preserve New Jersey Act"

  • $9.187 million of the appropriation comes from interest earnings on the dedicated corporation business tax revenues

  • Largest allocations include $13.5 million for recreational development, $10 million for health and life safety projects, $7 million for historic structure stabilization and repairs, and $5.5 million for building repairs and renovations

  • Additional funding designated for camping/cabin programs ($4.5 million), sanitary facilities ($4.7 million), dam inspections/repairs ($2.153 million), bridge repairs ($2.153 million), and road repairs ($2 million)

  • Appropriates an additional $50.813 million from the General Fund to the "Preserve New Jersey Green Acres Fund" and allows the department to reallocate funds among projects with approval from the Director of the Division of Budget and Accounting

Legislative Description

Appropriates $60 million from constitutionally dedicated CBT revenues for recreation and conservation purposes to DEP for State capital and park development projects.

Bills and Joint Resolutions Signed by the Governor

Last Action

Approved P.L.2025, c.13.

1/30/2025

Committee Referrals

Budget and Appropriations12/5/2024

Full Bill Text

No bill text available