Sponsored by:
Senator LINDA R. GREENSTEIN
District 14 (Mercer and Middlesex)
Senator BOB SMITH
District 17 (Middlesex and Somerset)
SYNOPSIS
Appropriates $80,539,578 from constitutionally dedicated CBT revenues and various Green Acres funds to DEP for local government open space acquisition and park development projects.
CURRENT VERSION OF TEXT
As introduced.
An Act appropriating $80,539,578 from constitutionally dedicated corporation business tax revenues and various Green Acres funds to assist local government units to acquire or develop lands for recreation and conservation purposes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. As used in this act:
Constitutionally dedicated corporation business tax revenues means corporation business tax revenues dedicated pursuant to Article VIII, Section II, paragraph 6 of the State Constitution in the Preserve New Jersey Green Acres Fund for the acquisition or development of lands by local government units for recreation and conservation purposes in accordance with the provisions of P.L.2016, c.12 (C.13:8C-43 et seq).
Densely or highly populated municipality means a municipality with a population density of at least 5,000 persons per square mile, or a population of at least 35,000 persons, according to the latest federal decennial census.
Densely populated county means a county with a population density of at least 5,000 persons per square mile according to the latest federal decennial census.
Garden State Green Acres Preservation Trust Fund means the fund established pursuant to section 19 of P.L.1999, c.152 (C.13:8C-19).
Green Acres bond act means P.L.2009, c.117, P.L.2007, c.119, P.L.1995, c.204, P.L.1992, c.88, P.L.1989, c.183, P.L.1987, c.265, and P.L.1983, c.354.
Highly populated county means a county with a population density of at least 1,000 persons per square mile according to the latest federal decennial census.
Preserve New Jersey Green Acres Fund means the fund established pursuant to section 6 of the Preserve New Jersey Act, P.L.2016, c.12 (C.13:8C-48).
Stewardship activity means the same as the term is defined in section 3 of the Preserve New Jersey Act, P.L.2016, c.12 (C.13:8C-45).
2. There is appropriated to the Department of Environmental Protection the following sums for the purpose of providing grants or loans, or both, to assist local government units to acquire lands for recreation and conservation purposes pursuant to section 4 of this act and for the purpose of providing grants or loans, or both, to assist local government units to develop lands for recreation and conservation purposes pursuant to section 5 of this act:
a. $76,802,956 from constitutionally dedicated corporation business tax revenues. Of the amount appropriated pursuant to this subsection, the sum of $2,170,956 is available due to interest earnings on the constitutionally dedicated corporation business tax revenues; and
b. $3,736,622 from the Garden State Green Acres Preservation Trust Fund and any Green Acres fund established pursuant to a Green Acres bond act, made available due to loan repayments and interest earnings.
3. There is appropriated from the General Fund to the Preserve New Jersey Green Acres Fund the sum of $76,802,956 to implement the provisions of this act.
4. a. The following planning incentive acquisition projects to acquire lands for recreation and conservation purposes are eligible for funding with the moneys appropriated pursuant to section 2 of this act:
|
LOCAL GOVERNMENT UNIT
|
COUNTY |
PROJECT |
APPROVED AMOUNT |
|
Oakland Boro |
Bergen |
Boro of Oakland Open Space & Recreation Plan
|
$500,000
|
|
River Vale Twp |
Bergen |
Watershed Property Acquisition
|
500,000
|
|
Burlington County |
Burlington |
Planning Incentive
|
1,000,000 |