This bill appropriates a total of $101,696,535 from constitutionally dedicated corporation business tax revenues and various Green Acres funds to the New Jersey Department of Environmental Protection (DEP). The majority of these funds, amounting to $99,286,535, will be allocated to assist local government units in acquiring and developing lands for recreation and conservation purposes, while $2,410,000 is designated for the DEP's administrative costs. Specifically, $24,321,885 is earmarked for land acquisition projects, and $74,964,650 is allocated for land development projects, with detailed funding distributions outlined for various types of projects, including those for densely populated municipalities and completely inclusive playgrounds.

Additionally, the bill defines key terms related to population density for municipalities and counties, establishing criteria for eligibility for funding. It allows for the reallocation of any unspent funds from previous appropriations for similar purposes, subject to the approval of the Joint Budget Oversight Committee. The projects funded by this bill have already received approval from the DEP and the Garden State Preservation Trust, ensuring that the appropriated funds will be directed towards initiatives that promote recreation and conservation in New Jersey.