New Jersey A5333 appropriates $15,546,575 from corporation business tax revenues for grants to nonprofit entities to acquire or develop lands for.
New Jersey A5333 appropriates $15,546,575 to the Department of Environmental Protection (DEP) from constitutionally dedicated corporation business tax revenues. The funds are intended to provide grants to various nonprofit entities to acquire or develop lands for recreation and conservation purposes. Additionally, $431,500 is allocated for administrative expenses associated with these projects. The bill also allows the DEP to redistribute certain returned funds for additional funding to previously approved projects, subject to approval by the Joint Budget Oversight Committee.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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