This bill appropriates a total of $80,252,000 for various projects aimed at acquiring and developing lands for recreation and conservation purposes in New Jersey. The funding sources include $52,679,000 from constitutionally dedicated corporation business tax revenues, $13,000,000 from the Garden State Green Acres Preservation Trust Fund, and $40,000,000 from the Preserve New Jersey Green Acres Fund. The bill outlines specific projects eligible for funding, including planning incentive acquisitions, open space acquisitions, and improvements to parks and recreational facilities across multiple counties and municipalities. Additionally, it establishes a Planning Grant program with $3 million allocated to assist local governments in preparing plans for future recreation and conservation initiatives.

The bill also includes provisions for the reappropriation of unexpended balances from previous funding sources, allowing for additional grants or loans to local government units for eligible projects. It mandates that any transfer of funds or changes in project sponsors require approval from the Joint Budget Oversight Committee. The act is set to take effect immediately upon approval, which occurred on August 4, 2025.