This bill amends the existing law regarding grant funds awarded by the State of New Jersey for the acquisition of lands intended for recreation and conservation purposes. It increases the percentage of funding available to local government units and qualifying non-profit organizations. Specifically, the bill raises the grant amount for local government units from 25% to 50% of the cost of acquisition, and for those in qualifying open space referendum counties or municipalities, the grant increases from 50% to 80%. Similarly, qualifying non-profit organizations can now receive grants covering up to 80% of the costs for land acquisition or development, up from the previous cap of 50%.

Additionally, the bill outlines specific conditions under which grants can be awarded, including requirements for co-applicants and restrictions on the use of matching funds. It also mandates that any local government unit or qualifying non-profit organization that acquires land using constitutionally dedicated funds must inspect the land for historic properties and notify relevant preservation offices. The changes aim to enhance funding opportunities for recreation and conservation projects, thereby promoting environmental stewardship and public access to natural resources.

Statutes affected:
Introduced: 13:8C-27