NJ
New Jersey Senate Bill S3943

New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S3943

Introduced
12/5/24  
Refer
12/5/24  

Caption

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.

Impact

The bill has direct implications for state laws by enhancing the funding available for land purchases that support recreation, conservation, and disaster recovery efforts, particularly through the Blue Acres projects. The funds will be strategically distributed for buying lands that are either directly impacted by environmental hazards or that serve as crucial buffer zones to protect other lands from storm damage. By reinforcing the financial mechanisms to acquire land for these purposes, S3943 aims to fulfill commitments outlined in the Preserve New Jersey Act, which focuses on open space, farmland, and historic preservation.

Summary

Senate Bill S3943 aims to appropriate a total of $49.5 million from constitutionally dedicated corporation business tax (CBT) revenues for the State acquisition of lands designated for recreation and conservation purposes. The appropriated funds will primarily be allocated to the Department of Environmental Protection (DEP), which will oversee the execution of land acquisition projects and administrative costs associated with the 'Preserve New Jersey Act.' This funding is vital for implementing state-level projects aimed at environmental protection and enhancing public recreational spaces in New Jersey.

Contention

There are notable discussions surrounding the allocation of funds within this bill, particularly regarding the administrative expenses linked to implementing the various programs stipulated. While this financial support could lead to significant advancements in land conservation and public access, some stakeholders may raise concerns about bureaucratic overhead and the effectiveness of fund distribution. Nevertheless, the bill is seen as a positive step towards boosting environmental resilience and ensuring sustainable land use practices across New Jersey.

Latest NJ S3943 Activity

View All Events: NJ 2024-2025 Regular Session S3943

Companion Bills

NJ A5121

Same As 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.

Previously Filed As

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 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 S3362

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 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 S3474

Appropriates $10,067,905 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 A4570

Appropriates $10,067,905 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 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.

NJ A5655

Appropriates $87,783,515 from constitutionally dedicated CBT revenues and various Green Acres funds to DEP for local government open space acquisition and park development projects, and for certain administrative expenses.

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 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 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 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 S3362

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 A5862

Appropriates $34 million from constitutionally dedicated CBT revenues to State Agriculture Development Committee for county planning incentive grants for farmland preservation purposes.

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.