Establishes "County Tourism Incentive Grant Fund" within Department of Treasury to provide funding for grants to counties to support tourism advertising and promotion.

This bill creates a new "County Tourism Incentive Grant Fund" within New Jersey's Department of Treasury to provide grants to counties for tourism advertising and promotion. It uses excess revenue from hotel and motel occupancy fees (collected above what was budgeted for the prior fiscal year) to fund these grants. Counties must apply annually by October 1, detail how funds will be used for tourism promotion, and agree not to reduce existing tourism spending with the grant money. Grants are calculated based on each county's share of statewide hotel tax revenue, with payments made annually starting in fiscal year 2022.