Appropriates $101,696,535 from constitutionally dedicated CBT revenues to DEP for local government open space acquisition and park development projects; and for certain administrative expenses.

S 3473 appropriates $101,696,535 from constitutionally dedicated corporation business tax revenues and Green Acres funds to New Jersey's Department of Environmental Protection for local government open space and park projects. The bill allocates $24.3 million for land acquisition projects (including planning incentives, standard acquisition, and urban aid) and $75.0 million for park development projects (including inclusive playgrounds, urban aid projects, and stewardship activities). Eligible projects must be located in municipalities meeting specific population density criteria or sponsored by eligible counties. The funds will support local governments across New Jersey in acquiring or developing lands for recreation and conservation purposes.