Creates Highlands Conservation Trust to preserve land in Highlands Region, and authorizes Highlands conservation license plate to raise revenue therefor.

S 1132 creates the Highlands Conservation Trust to permanently preserve environmentally sensitive lands in New Jersey's designated Highlands Region. The trust will acquire and manage land for conservation, clean water protection, and recreation, funded partly by a new conservation license plate. It directly affects lands within the Highlands Region and establishes a board of seven members (including four environmental appointees and three government officials) to oversee land acquisition and management. The bill provides specific mechanisms for land preservation through the trust’s powers to purchase, transfer, or lease land for permanent conservation.