NJ
New Jersey Senate Bill S3362

New Jersey 2022-2023 Regular Session

New Jersey Senate Bill S3362

Introduced
12/1/22  
Refer
12/1/22  

Caption

Appropriates $53,249,310 from constitutionally dedicated CBT revenues to DEP for State acquisition of lands for recreation and conservation purposes, including Blue Acres projects, and Green Acres Program administrative costs.

Impact

The bill facilitates the DEP's efforts under the Preserve New Jersey Act by ensuring a dedicated financial resource for open space acquisition projects across the state. A significant portion of this funding will support the restoration and preservation of natural areas, contributing to biodiversity and enhanced public spaces conducive to recreation. By allocating funds specifically for Blue Acres projects, this bill aims to mitigate the risks associated with flooding, thus demonstrating a commitment to sustainable environmental practices and proactive disaster management.

Summary

Senate Bill S3362 appropriates a total of $53,249,310 from constitutionally dedicated corporation business tax (CBT) revenues for the acquisition of lands by the State of New Jersey aimed at recreation and conservation purposes. This funding is allocated to the Department of Environmental Protection (DEP) and is primarily directed towards projects outlined in the 'Preserve New Jersey Act'. Notably, the bill encapsulates funding for Blue Acres projects, which are designed to acquire properties that may buffer or protect against flood or storm damage, making it particularly relevant in the context of increasing environmental challenges.

Contention

While the bill has strong legislative support, the specific allocation of funds and the emphasis on environmental initiatives may provoke discussions on budget priorities among lawmakers. The potential for further ecological degradation by not appropriating enough funding for conservation and restoration is a notable point of contention in this debate. Additionally, local governments may express varying perspectives on the impact of state-level decisions on their autonomy to manage local land use and environmental control effectively.

Latest S3362 Activity

Companion Bills

NJ A4959

Same As Appropriates $53,249,310 from constitutionally dedicated CBT revenues to DEP for State acquisition of lands for recreation and conservation purposes, including Blue Acres projects, and Green Acres Program administrative costs.

Similar Bills

NJ A5121

Appropriates $49.5 million from constitutionally dedicated CBT revenues to DEP for State acquisition of lands for recreation and conservation purposes, including Blue Acres projects, and Green Acres Program administrative costs.

NJ S3943

Appropriates $49.5 million from constitutionally dedicated CBT revenues to DEP for State acquisition of lands for recreation and conservation purposes, including Blue Acres projects, and Green Acres Program administrative costs.

NJ S4165

Appropriates $48 million from constitutionally dedicated CBT revenues to DEP for State acquisition of lands for recreation and conservation purposes, including Blue Acres projects, and Green Acres Program administrative costs.

NJ A5806

Appropriates $48 million from constitutionally dedicated CBT revenues to DEP for State acquisition of lands for recreation and conservation purposes, including Blue Acres projects, and Green Acres Program administrative costs.

NJ A4959

Appropriates $53,249,310 from constitutionally dedicated CBT revenues to DEP for State acquisition of lands for recreation and conservation purposes, including Blue Acres projects, and Green Acres Program administrative costs.

NJ S4569

Appropriates $13,640,000 to DEP from constitutionally dedicated CBT revenues for grants of certain nonprofit entities for open space acquisition, park development, and planning projects, and for certain administrative expenses.

NJ A5654

Appropriates $9,184,427 to DEP from constitutionally dedicated CBT revenues for grants to certain nonprofit entities to acquire or develop lands for recreation and conservation purposes, and for certain administrative expenses.

NJ S4052

Appropriates $9,184,427 to DEP from constitutionally dedicated CBT revenues for grants to certain nonprofit entities to acquire or develop lands for recreation and conservation purposes, and for certain administrative expenses.