S 4473 New Jersey Senate · 2024-2025 Regular Session

Allocates $20 million of constitutionally dedicated CBT revenue for development and stewardship projects at State Capitol Complex Park for recreation and conservation purposes.

S 4473 allocates $20 million in constitutionally dedicated Corporation Business Tax (CBT) revenue to create a new "State Capitol Complex Park Fund" for the State Capitol Complex Park in Trenton. This fund, established by the bill, is specifically dedicated to funding recreational and conservation projects at the park - located behind the State Capitol building - such as maintenance, landscaping, and habitat improvements. The money comes from a portion of existing environmental funding that would otherwise support broader open space or farmland preservation programs. The bill ensures these funds cannot be used for other purposes and requires annual reporting on how the money is spent.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 19, 2025 Last action May 19, 2025
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May 19, 2025
Senate · Introduced
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Shirley Turner
Shirley Turner
DDemocratic
NJ
15