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  • NJ S3354
  • Appropriates $8,992,898 to DEP from constitutionally dedicated CBT revenues and various Green Acres funds for grants to certain nonprofit entities to acquire or develop lands for recreation and conservation purposes.
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
The bill appropriates $8,992,898 to the Department of Environmental Protection (DEP) to provide grants to various nonprofit entities to acquire or develop lands for recreation and conservation purposes. Of the total appropriated: $6,758,000 is from constitutionally dedicated corporation business tax (CBT) revenues; $1,244,665 is made available due to project cancellations and withdrawals; and $990,233 is made available from interest earnings. The amounts made available due to project cancellations and withdrawals and interest earnings are from balances in the "Garden State Green Acres Preservation Trust Fund" and various Green Acres funds established pursuant to Green Acres bond acts. Of the amount appropriated by the bill: $5,795,000 is allocated for acquisition projects; $2,450,000 is allocated for park development projects; and $747,898 is allocated for stewardship activity projects. 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," P.L.2016, c.12 (C.13:8C-43 et seq.), 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 allocated funding for open space acquisition and development projects by qualifying tax exempt nonprofit organizations, 11 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 "Garden State Green Acres Preservation Trust Fund" was established by the "Garden State Preservation Trust Act," and "Green Acres funds" refers to various funds created pursuant to Green Acres bond acts. The projects listed in this bill have been approved by the DEP and the Garden State Preservation Trust. The bill also would allow the DEP to re-distribute certain other moneys, which have been returned to the department due to project withdrawals, cancellations, or cost savings, for the purpose of providing additional funding, for recreation and conservation purposes, to previously approved and funded projects of nonprofit entities, subject to the approval of the Joint Budget Oversight Committee. This additional funding, if provided from a Green Acres bond act, may include administrative costs.
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.148.  (on 7/21/2017)
 
 

Date Chamber Action Description
7/21/2017 A Approved P.L.2017, c.148.
6/29/2017 A Passed Assembly (Passed Both Houses) (78-0-0)
6/29/2017 A Substituted for A5044
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: Substitute For A5044 (Voice Vote) 0 0 0
Detail 6/29/2017 Assembly Floor: Third Reading - Final Passage 78 0 2
Detail 6/22/2017 Senate Floor: Third Reading - Final Passage 38 0 2