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Bill > S3474


NJ S3474

NJ S3474
Appropriates $10,067,905 to DEP from constitutionally dedicated CBT revenues for grants to certain nonprofit entities to acquire or develop lands for recreation and conservation purposes, and for certain administrative expenses.


summary

Introduced
06/17/2024
In Committee
06/26/2024
Crossed Over
06/28/2024
Passed
06/28/2024
Dead
Signed/Enacted/Adopted
07/10/2024

Introduced Session

2024-2025 Regular Session

Bill Summary

An Act appropriating $10,067,905 from constitutionally dedicated corporation business tax revenues to provide grants to assist qualifying tax exempt nonprofit organizations to acquire or develop lands for recreation and conservation purposes, and for certain administrative expenses.

AI Summary

This bill appropriates $10,067,905 from constitutionally dedicated corporation business tax revenues to the Department of Environmental Protection (DEP) to provide grants to qualifying tax-exempt nonprofit organizations to acquire or develop lands for recreation and conservation purposes, as well as to cover certain administrative expenses. The bill outlines specific projects and amounts eligible for funding, and allows for additional funding to be provided to previously funded projects if funds remain available. It also reappropriates any unexpended balances from prior Green Acres funding for similar purposes.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Approved P.L.2024, c.37. (on 07/10/2024)

bill text


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