Allocates $7.5 million annually of constitutionally dedicated CBT revenue for preservation of land in Highlands Region.
This bill allocates $7.5 million annually from constitutionally dedicated tax revenue specifically for preserving land in New Jersey's Highlands Region. It creates a new "Preserve New Jersey Highlands Preservation Fund" managed by the Highlands Water Protection and Planning Council. Funds will be used to acquire land for recreation/conservation, farmland preservation, and matching federal grants under the Highlands Conservation Act. The council must report annually on fund usage, including land preserved and federal matches secured.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
Floor votes
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No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
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0
Committee
0
Jan 13, 2026
Introduced
Introduced in the Senate, Referred to Senate Environment and Energy Committee
upper
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Bob Smith
DDemocratic
P
John McKeon
DDemocratic
Co
Parker Space
RRepublican
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