Bill
Bill > S3473
NJ S3473
NJ S3473Appropriates $101,696,535 from constitutionally dedicated CBT revenues to DEP for local government open space acquisition and park development projects; and for certain administrative expenses.
summary
Introduced
06/17/2024
06/17/2024
In Committee
06/26/2024
06/26/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill appropriates $101,696,535 from constitutionally dedicated corporation business tax (CBT) revenues, and various Green Acres funds to the Department of Environmental Protection (DEP). Of the total amount appropriated by the bill, $99,286,535 would be used by the DEP to provide grants or loans, or both, to assist local government units in the State to acquire or develop lands for recreation and conservation purposes, and $2,410,000 would be used for the DEP's associated administrative costs. Of the total amount appropriated by the bill, $24,321,885 is allocated for projects to acquire lands for recreation and conservation purposes, as identified in section 4 of the bill, and $74,964,650 is allocated for projects to develop lands for recreation and conservation purposes, as identified in section 5 of the bill. Of the $24,321,885 sum being appropriated for projects to acquire lands for recreation and conservation purposes: $20,766,435 is allocated for planning incentive open space acquisition projects (i.e., projects located in municipalities and counties that have an open space tax and an approved open space plan); $1,437,500 is allocated for standard open space acquisition projects (i.e., projects located in municipalities that do not have an open space tax); $459,950 is allocated for site-specific incentive acquisition projects (i.e., projects located in municipalities that have an open space tax, but do not have an open space plan); and $1,658,000 is allocated for urban aid acquisition projects. Of the $74,964,650 sum being appropriated for projects to develop lands for recreation and conservation purposes: $29,429,150 is allocated for local park development projects in urban aid municipalities or sponsored by densely populated counties; $7,556,770 is allocated for local park development projects in densely or highly populated municipalities or sponsored by highly populated counties; $3,072,700 is allocated for standard local park development projects (i.e., projects located in municipalities that do not meet the criteria of the prior two categories); $1,758,610 is allocated for stewardship activity projects; and $33,147,420 is allocated for completely inclusive playground projects, pursuant to section 4 of P.L.2018, c.104 (C.13:8C-27.1), otherwise known as "Jake's Law." While Green Acres funding for Jake's Law purposes has, in prior funding rounds, been made available only to eligible counties, in the current funding round, both counties and municipalities are eligible for non-competitive grant awards for completely inclusive playground projects thereunder. 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. The projects listed in the bill have been approved by the DEP and the Garden State Preservation Trust (GSPT). To the extent that there are funds remaining after the 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.
AI Summary
This bill appropriates $101,696,535 from constitutionally dedicated corporation business tax (CBT) revenues and various Green Acres funds to the Department of Environmental Protection (DEP). Of this, $99,286,535 will be used to provide grants or loans to local government units to acquire or develop lands for recreation and conservation purposes, and $2,410,000 will be used for the DEP's associated administrative costs. Specific projects eligible for funding are detailed in the bill, including for open space acquisition, local park development, stewardship activities, and inclusive playgrounds. The bill also allows the DEP, with approval from the Joint Budget Oversight Committee, to provide additional funding for previously approved local government unit projects if funds remain after the projects listed in the bill are funded.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Substituted by A4572 (on 06/28/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S3473 |
Analysis - Statement SBA 6/26/24 | https://pub.njleg.gov/Bills/2024/S3500/3473_S1.PDF |
BillText | https://pub.njleg.gov/Bills/2024/S3500/3473_I1.HTM |
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