New Jersey S2593 authorizes use of corporation business tax revenues for grants to local governments to fund sewer or stormwater infrastructure.
New Jersey S2593 would authorize the use of constitutionally dedicated corporation business tax (CBT) revenues to provide grants to local governments for sewer or stormwater infrastructure projects. These projects aim to reduce nonpoint source pollution of the state's lakes and reservoirs and help prevent harmful algal blooms. The bill also allows monies from the "Watershed Management Fund" to be used for these grants.
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