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 previously allocated funds effectively.

Additionally, the bill introduces new legal language that allows the unexpended balance from the FY 2024 appropriation for the overpass project to be reallocated to the recreation center, contingent upon the approval of the Director of the Division of Budget and Accounting. This provision is designed to streamline the process of funding the recreation center while ensuring compliance with existing laws and regulations. The act is set to take effect immediately upon passage.