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, the bill allows for the reallocation of funds among the identified projects without requiring approval from the Joint Budget Oversight Committee, provided that the DEP notifies key legislative leaders of any changes.

Furthermore, the bill appropriates an additional $50,813,000 from the General Fund to the Preserve New Jersey Green Acres Fund to support the implementation of these projects. The funding is part of a broader initiative to utilize dedicated CBT revenues for open space, farmland, and historic preservation, as established by the voters in November 2014. The projects listed in the bill have received approval from both the DEP and the Garden State Preservation Trust, ensuring that the funds will be used effectively for the intended purposes of enhancing New Jersey's recreational and conservation efforts.