This bill appropriates $60 million from constitutionally dedicated corporation business tax (CBT) revenues to the New Jersey Department of Environmental Protection (DEP) for various recreation and conservation projects. The funding is allocated for capital and park development projects on lands administered by the DEP, in accordance with the Preserve New Jersey Act. Specific allocations include $1 million for boating and fishing access, $4.5 million for camping development, and $13.5 million for recreational development, among others. Additionally, $50,813,000 is appropriated from the General Fund to support these initiatives.

Notably, the bill allows for the reallocation of funds among the identified projects without requiring approval from the Joint Budget Oversight Committee, streamlining the process for the DEP. The department must notify key legislative leaders of any reallocations. The projects and appropriations have received prior approval from both the DEP and the Garden State Preservation Trust, ensuring that the funding is directed towards initiatives that have been vetted for their conservation and recreational value.