S.4223

Authorizes payment of relocation costs under Blue Acres program.

This bill modifies the definitions of "Blue Acres cost" and "Blue Acres project" in the "Preserve New Jersey Act," which governs the use of constitutionally dedicated corporation business tax (CBT) revenues for State land preservation programs. Specifically, the bill would add housing counseling expenses and the provision of direct payments, advances, and bridge loans to households for relocation expenses to the definition of "Blue Acres cost," meaning that these would be allowable uses of dedicated CBT funding under the Blue Acres program.