Concerns expenses to municipalities for tree purchase, planting, and removal.

This bill amends New Jersey law to establish a 15-year useful life for tree purchase, planting, and removal expenses, allowing municipalities to finance these costs through 15-year bonds. It also permits municipalities to use special emergency appropriations for tree-related expenses following natural disasters. The bill affects all New Jersey municipalities that maintain trees in public spaces, providing them with more budgeting flexibility for these recurring costs. This change updates existing budgeting rules to specifically include tree management expenses.