New Jersey legislation · 2026-2027 Regular Session
New Jersey S4424: Grants, cert nonprofit entities-devel lands, recreation/conservation;$15.546M
Status: Signed into law, July 30, 2026
Appropriates $15,546,575 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.
What the bill says
An Act appropriating $15,546,575 from constitutionally dedicated corporation business tax revenues to provide grants to assist qualifying tax-exempt nonprofit organizations to acquire or develop lands for recreation and conservation purposes, and for certain administrative expenses. Jersey: 1. a. For the purposes of this section: Garden State Green Acres Preservation Trust Fund means the fund established pursuant to section 19 of P.L.1999, c.152 (C.13:8C-19). Green Acres bond act means P.L.2009, c.117, P.L.2007, c.119, P.L.1995, c.204, P.L.1992, c.88, P.L.1989, c.183, P.L.1987, c.265, and.
From the chaptered text, July 30, 2026:
An Act appropriating $15,546,575 from constitutionally dedicated corporation business tax revenues to provide grants to assist qualifying tax-exempt nonprofit organizations to acquire or develop lands for recreation and conservation purposes, and for certain administrative expenses. Jersey: 1. a. For the purposes of this section: Garden State Green Acres Preservation Trust Fund means the fund established pursuant to section 19 of P.L.1999, c.152 (C.13:8C-19). Green Acres bond act means P.L.2009, c.117, P.L.2007, c.119, P.L.1995, c.204, P.L.1992, c.88, P.L.1989, c.183, P.L.1987, c.265, and P.L.1983, c.354. Preserve New Jersey Green Acres Fund means the fund established pursuant to section 6 of the Preserve New Jersey Act, P.L.2016, c.12 (C.13:8C-48). Stewardship activity means the same as the term is defined in section 3 of the Preserve New Jersey Act, P.L.2016, c.12 (C.13:8C-45). b. There is appropriated to the Department of Environmental Protection, for the purpose of providing grants to assist qualifying tax exempt nonprofit organizations to acquire lands for recreation and conservation purposes pursuant to subsection c. of this section, to develop lands for recreation and conservation purposes pursuant to subsection d. of this section, and to undertake stewardship activities pursuant to subsection e. of this section: (1) the sum of $8,200,000 from the dedicated corporation business tax revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution in the Preserve …