Increases amount annually credited to Shore Protection Fund to $50 million.

This bill increases the annual amount credited to New Jersey's Shore Protection Fund from $25 million to $50 million. The funding comes from the State portion of realty transfer fees collected when property deeds are recorded - specifically, the $1.25 per $500 of property value paid to the State. The change directly affects the Shore Protection Fund, which uses these funds for coastal protection projects. The bill amends existing law to adjust the credit amount without altering the fee structure or creating new taxes.