This bill aims to re-appropriate the unexpended balance of $3 million from the Fiscal Year 2024 appropriation originally designated for the Town of West New York's overpass project, which lapsed to the Property Tax Relief Fund. The bill provides a supplemental appropriation of $3 million for the Town of West New York Recreation Center for the fiscal year ending June 30, 2025. This funding is intended to support the construction of the recreation center, ensuring that the municipality can utilize the funds effectively.

Additionally, the bill includes new legal language that allows for the re-appropriation of the unexpended balance from the previous fiscal year specifically for the recreation center, subject to the approval of the Director of the Division of Budget and Accounting. This provision is designed to facilitate the transition of funds from the overpass project to the recreation center project, thereby ensuring that the financial resources are allocated to support community development in West New York. The act is set to take effect immediately upon passage.