This bill appropriates a total of $23,725,000 from dedicated corporation business tax revenues to the New Jersey Department of Environmental Protection for land acquisition aimed at recreation and conservation. The funding will support various projects across multiple counties, including significant initiatives like the Barnegat Bay Watershed Greenway and the Cape May Peninsula. Notably, $3,765,000 of this amount is available due to interest earnings on the dedicated revenues, and the bill specifies that the expenditure of these funds for the listed projects does not require approval from the Joint Budget Oversight Committee.

Additionally, the bill allocates another $23,725,000 for the Blue Acres program, which focuses on acquiring lands that have been or may be damaged by storms or flooding, thereby protecting other areas from similar damage. This funding is also subject to the provisions of the Preserve New Jersey Act. The bill further includes a $2,050,000 allocation for administrative costs related to the Preserve New Jersey Green Acres Fund and an additional $41,983,000 from the General Fund to support the act's implementation. The bill is set to take effect immediately upon approval, which occurred on January 30, 2025.