Bill

Bill > A5864


NJ A5864

NJ A5864
Appropriates $13,640,000 to DEP from constitutionally dedicated CBT revenues for grants to certain nonprofit entities for open space acquisition, park development, and planning projects, and for certain administrative expenses.


summary

Introduced
06/19/2025
In Committee
06/19/2025
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

The bill appropriates $13,640,000 to the Department of Environmental Protection (DEP), of which $11,959,000 is to provide grants to various nonprofit entities to acquire or develop lands for recreation and conservation purposes, $1,000,000 is to establish a new planning grant program, and $681,000 is to be used by the DEP for associated administrative costs. Of the amount appropriated by the bill to provide grants to various nonprofit entities: $8,346,000 is allocated for eight acquisition projects; $2,133,000 is allocated for two park development projects; and $1,480,000 is allocated for four stewardship activity projects. In addition, the bill would appropriate $1,000,000 to the DEP in order to establish a new a Planning Grant program, the purpose of which would be to provide matching grants to nonprofit organizations to fund the preparation of plans and other activities necessary to identify needs and opportunities for additional recreation and conservation initiatives in the State. The bill would require the approval of the Joint Budget Oversight Committee (JBOC) for any grant funds distributed under the program. 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. The projects listed in the bill have been approved by the DEP and the Garden State Preservation Trust. The funding in this bill is provided from constitutionally dedicated corporation business tax (CBT) revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution. The "Preserve New Jersey Act," P.L.2016, c.12 (C.13:8C-43 et seq.), implements 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 a certain amount of the portion of dedicated CBT revenues allocated each year for the Green Acres program is to be used for: the acquisition of lands for open space, including Blue Acres projects, and development projects on State lands administered by the DEP's Division of Fish and Wildlife and Division of Parks and Forestry; grants and loans to fund local government open space acquisition and development projects; and grants to nonprofit entities to acquire or develop lands for recreation and conservation purposes.

AI Summary

This bill appropriates $13,640,000 to the Department of Environmental Protection (DEP) from constitutionally dedicated corporation business tax (CBT) revenues for various open space, recreation, and conservation purposes. The funding is allocated as follows: $11,959,000 for grants to nonprofit organizations, with $8,346,000 for land acquisition projects across multiple counties, $2,133,000 for park development projects in Essex County, and $1,480,000 for stewardship activities in four different counties. An additional $1,000,000 is designated to establish a new Planning Grant program that will provide matching grants to nonprofit organizations to identify recreation and conservation needs, and $681,000 is allocated for administrative costs associated with implementing the Preserve New Jersey Act. The bill requires Joint Budget Oversight Committee approval for most fund transfers and project changes, with one exception for the new Planning Grant program. The funding comes from a constitutionally dedicated revenue stream established by the Preserve New Jersey Act, which aims to support open space, farmland, and historic preservation initiatives in the state.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Reported out of Assembly Comm. with Amendments, 2nd Reading (on 06/19/2025)

bill text


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