This bill appropriates a total of $56,635,803,000 in State funds and $27,501,993,844 in federal funds for the fiscal year 2025 budget, with a focus on ensuring effective allocation and management of state resources. It mandates that projects administered by State departments that award grants will be conducted on a competitive basis, with criteria established by the Department of Environmental Protection. Additionally, the bill specifies that amounts deposited into the Energy Tax Receipts Property Tax Relief Fund will be appropriated to the General Fund as State revenue, and it allows for the reallocation of unexpended balances from various departments for anti-opioid initiatives.

The bill also introduces several provisions for specific programs and initiatives, including the Quality Improvement Program in the Department of Health, operational costs for health departments, and various violence intervention and youth support programs funded through cannabis revenue. Notably, it appropriates $585,000,000 from the New Jersey Debt Defeasance and Prevention Fund to the General Fund as State revenue. The act is set to take effect on July 1, 2024, emphasizing the importance of fiscal responsibility and oversight in the management of state funds.