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Bill

A 5256

Allocates $7.5 million annually of constitutionally dedicated CBT revenue for preservation of land in Highlands Region.

2024-2025 Regular Session Introduced by Bob Auth and 9 co-sponsors

Bill dedicates $7.5 million annually from New Jersey corporate tax revenue to preserve land in the Highlands Region watershed.

Introduced in the Assembly, Referred to Assembly Environment, Natural Resources, and Solid Waste Committee
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Bill Summary · A 5256

Legislative bill overview

Bill A 5256 dedicates $7.5 million annually from New Jersey's constitutionally protected CBT (Corporation Business Tax) revenue specifically for land preservation projects in the Highlands Region. The measure directs existing state revenue streams toward environmental conservation rather than creating new funding mechanisms.

Why is this important

The Highlands Region encompasses over 860,000 acres across northwestern New Jersey and is critical for watershed protection, biodiversity, and drinking water supply for millions of residents. Dedicating stable annual funding provides predictable resources for land trusts and conservation organizations working to prevent development in this ecologically sensitive area.

Potential points of contention

  • Budget constraints: Dedicating $7.5 million annually from general revenue may reduce flexibility for other state priorities during economic downturns or competing fiscal crises
  • CBT revenue volatility: Corporate tax revenues fluctuate with economic cycles, potentially making this funding stream unreliable for long-term land acquisition planning
  • Regional equity concerns: Dedicating revenue specifically to the Highlands Region may draw criticism from other parts of New Jersey with their own conservation needs (coastal areas, Pine Barrens, etc.)

Compiled from official sources — confirm details with the bill’s official record.

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