Dedicates $500,000 annually in revenues from vessel registration and renewal fees to NJ Greenwood Lake Fund.

This bill (A2669) establishes a permanent fund to protect Greenwood Lake by dedicating $500,000 annually from New Jersey's vessel registration and renewal fees. The New Jersey Department of Environmental Protection will manage the fund, using the money exclusively for the New Jersey side of the lake's maintenance, preservation, and enhancement. The fund can be used without requiring matching funds from New York State, and New York is not obligated to provide equivalent funding for projects on the New Jersey side. This affects the lake's ecosystem, its role as a drinking water source for 3.5 million residents, and recreational users who rely on the lake.