New Jersey S2011 doubles the annual credit to the Shore Protection Fund from $25 million to $50 million.
New Jersey S2011 amends the Shore Protection Fund's annual credit from realty transfer fees, increasing it from $25 million to $50 million. This change applies to state fiscal years beginning after the bill's enactment. The Shore Protection Fund, established under P.L.1992, c.148, benefits from this increase to better support coastal protection initiatives.
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