New Jersey legislation · 2026-2027 Regular Session
New Jersey S4423: Open space acquisition & park development projects-appropriate $77.406M
Status: Signed into law, July 30, 2026
Appropriates $77,406,208 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.
What the bill says
An Act appropriating $77,406,208 from constitutionally dedicated corporation business tax revenues and various Green Acres funds to assist local government units to acquire and develop lands for recreation and conservation purposes, and for certain administrative expenses. Jersey: 1. As used in this act: Constitutionally dedicated corporation business tax revenues means corporation business tax revenues dedicated pursuant to Article VIII, Section II, paragraph 6 of the State Constitution in the Preserve New Jersey Green Acres Fund for the acquisition or development of lands by local govern.
From the chaptered text, July 30, 2026:
An Act appropriating $77,406,208 from constitutionally dedicated corporation business tax revenues and various Green Acres funds to assist local government units to acquire and develop lands for recreation and conservation purposes, and for certain administrative expenses. Jersey: 1. As used in this act: Constitutionally dedicated corporation business tax revenues means corporation business tax revenues dedicated pursuant to Article VIII, Section II, paragraph 6 of the State Constitution in the Preserve New Jersey Green Acres Fund for the acquisition or development of lands by local government units for recreation and conservation purposes in accordance with the provisions of P.L.2016, c.12 (C.13:8C-43 et seq.). Densely or highly populated municipality means a municipality with a population density of at least 5,000 persons per square mile, or a population of at least 35,000 persons, according to the latest federal decennial census. Densely populated county means a county with a population density of at least 5,000 persons per square mile according to the latest federal decennial census. 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. Highly populated county means a county with a population density of at least 1,000 persons per square mile according …