Authorizes expenditures from open space trust funds to develop or maintain recreation and conservation land although the land was not acquired by the municipality.

This bill allows New Jersey municipalities with voter-approved open space taxes to use those funds for developing or maintaining recreation and conservation land they didn't originally acquire, as long as the land is within the municipality and benefits residents. Currently, funds can only be used for land the municipality owns, but this bill expands eligibility to include land owned by other public entities (like schools or parks authorities) within municipal boundaries. The key change removes the restriction that funds must be spent on "acquired" land, aligning with a recent court interpretation that blocked funding for school fields. It applies to any municipality that has already implemented an open space tax via voter referendum.