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 and municipalities, including initiatives like the Barnegat Bay Watershed Greenway and Connecting Habitats Across New Jersey. Notably, $3,765,000 of this amount is available due to interest earnings, and the expenditure of these funds does not require approval from the Joint Budget Oversight Committee.

Additionally, the bill allocates another $23,725,000 specifically for the Blue Acres program, which focuses on acquiring lands affected by storms or prone to flooding, with $3,752,000 available from interest earnings. The bill also includes provisions for reappropriating unexpended balances from various funding sources for state projects related to land acquisition and development, contingent upon Joint Budget Oversight Committee approval. Furthermore, it allocates $2,050,000 for administrative costs associated with the Preserve New Jersey Act and appropriates an additional $41,983,000 from the General Fund to support the bill's implementation, which is set to take effect immediately upon approval.