This bill appropriates a total of $19,135,810 to the New Jersey Department of Environmental Protection from various sources, including dedicated corporation business tax revenues and the General Fund, to support grants for qualifying tax-exempt nonprofit organizations. The funds will be used for acquiring and developing lands for recreation and conservation purposes, as well as for stewardship activities. Specific projects eligible for funding include land acquisitions by organizations such as the Friends of Hopewell Valley and the New Jersey Conservation Foundation, as well as development projects like improvements to Camden's Elijah Perry Park and Essex County's Monte Irvin Park.

Additionally, the bill allows for the reappropriation of unexpended balances from previous Green Acres bond acts and establishes that any changes in project sponsors or types will require approval from the Joint Budget Oversight Committee. It also allocates $479,000 specifically for administrative costs related to the implementation of the Preserve New Jersey Act. The act is set to take effect immediately upon approval.