New Jersey S1527 establishes a special dredging account funded by $5,000,000 annually from sales tax on boats and related equipment.

New Jersey S1527 creates the "Community and Navigational Waterways Restorative and Maintenance Dredging Account" to fund waterway dredging outside the port region. The bill mandates that $5,000,000 from annual sales tax collections on boats and related equipment be deposited into this account. The Department of Environmental Protection (DEP) will administer the account and the dredging program, ensuring at least 25% of funds are allocated to waterways providing boat access to coastal residential areas.

New Jersey S1527 establishes a special dredging account funded by $5,000,000 annually from sales tax on boats and related equipment.

New Jersey S1527 creates the "Community and Navigational Waterways Restorative and Maintenance Dredging Account" to fund waterway dredging outside the port region. The bill mandates that $5,000,000 from annual sales tax collections on boats and related equipment be deposited into this account. The Department of Environmental Protection (DEP) will administer the account and the dredging program, ensuring at least 25% of funds are allocated to waterways providing boat access to coastal residential areas.