This bill aims to re-appropriate the unexpended balance of the Fiscal Year 2024 appropriation for the Town of West New York, specifically to support the construction of a recreation center. It includes a supplemental appropriation of $3 million from the Property Tax Relief Fund for this purpose, restoring the lapsed funding that was originally allocated for an overpass project. The bill also introduces new language that allows the unexpended balance from the previous fiscal year's appropriation for the overpass project to be redirected towards the recreation center, contingent upon the approval of the Director of the Division of Budget and Accounting.

The legislation is designed to ensure that the funds initially intended for the overpass project are utilized effectively by reallocating them to the recreation center, which remains a priority for the municipality. This move is intended to support local community development and enhance recreational facilities in West New York. The bill is set to take effect immediately upon passage.