Appropriates $60 million from constitutionally dedicated CBT revenues for recreation and conservation purposes to DEP for State capital and park development projects.

This bill allocates $60 million from constitutionally dedicated corporation business tax (CBT) revenues - funds already set aside by voter-approved constitutional amendment - to the New Jersey Department of Environmental Protection (DEP) for specific improvements at state parks, forests, and conservation lands. The funds will directly support projects like repairing bridges and buildings, developing camping facilities, enhancing habitat access, and maintaining historic structures across state-managed recreation areas. It uses existing tax revenues (not new taxes) that were constitutionally earmarked for open space preservation under the Preserve New Jersey Act. The DEP can implement these projects without requiring separate budget committee approvals, as specified in the bill.