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  • NJ S3352
  • Appropriates $71,700,224 from constitutionally dedicated CBT revenues and various Green Acres funds to DEP for local government open space acquisition and park development projects.
Introduced
(6/19/2017)
In CommitteeCrossed Over
(6/22/2017)
Passed
(6/29/2017)
Signed
(7/21/2017)
Dead/Failed/Vetoed
2016-2017 Regular Session
This bill appropriates $71,700,224 from constitutionally dedicated corporation business tax revenues, the "Garden State Green Acres Preservation Trust Fund," and various Green Acres bond acts to the Department of Environmental Protection (DEP) to provide grants or low-interest loans, or both, to assist local government units in the State to acquire or develop lands for recreation and conservation purposes. Of the total amount appropriated: $36,684,000 is from constitutionally dedicated corporation business tax (CBT) revenues; $29,184,699 is made available due to loan repayments; $5,520,594 is made available due to project cancellations and withdrawals; and $310,931 is made available due and interest earnings. The funds made available due to loan repayments, project cancellations and withdrawals, and interest earning are from the "Garden State Green Acres Preservation Trust Fund" and various Green Acres funds established pursuant to a Green Acres bond act. The CBT revenues appropriated in this bill are provided from constitutionally dedicated CBT revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution, approved by the voters of the State in November 2014, including the unexpended balances in the Diesel Risk Mitigation Fund - Constitutional Dedication account made available for these purposes pursuant to P.L.2016, c.10 (i.e., the FY2017 annual appropriations act). The "Preserve New Jersey Act" implements for State fiscal years 2017 through 2019, the constitutional dedication of CBT revenues for open space, farmland, and historic preservation. The "Preserve New Jersey Green Acres Fund" was established by section 6 of the "Preserve New Jersey Act." The act provides that of the 60 percent of dedicated CBT revenues allocated each year for the Green Acres program: 55 percent is to be used for State open space acquisition and development projects; 38 percent is to be used for grants and loans to fund local government open space acquisition and development projects; and 7 percent is to be used for grants to fund open space acquisition and development projects undertaken by qualifying tax exempt nonprofit organizations. Further, of the funding allocated for local open space acquisition and development projects, up to 2 percent is to be used to fund stewardship activities. "Stewardship activity" is defined in the act as an activity, which is beyond routine operations and maintenance, undertaken to repair or restore lands acquired or developed for recreation and conservation purposes for the purpose of enhancing or protecting those lands for recreation and conservation purposes. The total amount of funding allocated for local government projects listed in this bill is $71,700,224. Of this amount, $37,143,720 is for projects to acquire lands for recreation and conservations purposes, and $34,556,504 is for projects to develop lands for recreation and conservations purposes. Of the sum for projects to acquire lands for recreation and conservations purposes: $22,231,390 is allocated for planning incentive open space acquisition projects; $602,150 is allocated for standard open space acquisition projects (i.e., projects located in municipalities that do not have an open space tax); $8,000,000 is allocated for projects in "urban aid" municipalities; and $6,310,180 is allocated for projects in densely or highly populated municipalities or sponsored by densely or highly populated counties. Of the sum for projects to develop lands for recreation and conservations purposes: $28,756,850 is allocated for local park development projects in urban aid municipalities or sponsored by densely populated counties; $4,417,575 is allocated for local park development projects in densely or highly populated municipalities or sponsored by highly populated counties; and $1,382,079 allocated for stewardship activity projects. The projects listed have been approved by the DEP and the Garden State Preservation Trust (GSPT). The projects approved by the bill include projects in "urban aid" and densely or highly populated municipalities and counties. The bill defines a "densely or highly populated municipality" as a municipality with a population density of at least 5,000 persons per square mile or a population of at least 35,000 persons; a "densely populated county" as a county with a population density of at least 5,000 persons per square mile; and a "highly populated county" as a county with a population density of at least 1,000 persons per square mile. To the extent that there are funds remaining after those local government unit projects listed in this bill are offered funding, the bill also authorizes the DEP, with the approval of the Joint Budget Oversight Committee (JBOC), to use those funds to provide additional funding for local government unit projects listed in this bill as well as for local government unit projects previously approved for funding pursuant to various other laws.
2nd Reading in the Assembly, 2nd Reading in the Senate, Bills and Joint Resolutions Signed by the Governor, Passed both Houses, Passed Senate
Approved P.L.2017, c.146.  (on 7/21/2017)
 
 
Date Chamber Action Description
7/21/2017 A Approved P.L.2017, c.146.
6/29/2017 A Passed Assembly (Passed Both Houses) (77-0-0)
6/29/2017 A Substituted for A5045
6/22/2017 A Received in the Assembly without Reference, 2nd Reading
6/22/2017 S Passed by the Senate (38-0)
6/19/2017 S Introduced, 1st Reading without Reference, 2nd Reading
Date Motion Yea Nay Other
Detail 6/29/2017 Assembly Floor: Third Reading - Final Passage 77 0 3
Detail 6/29/2017 Assembly Floor: Substitute For A5045 (Voice Vote) 0 0 0
Detail 6/22/2017 Senate Floor: Third Reading - Final Passage 38 0 2