Appropriates $15,815,984 from constitutionally dedicated CBT revenues to NJ Historic Trust for grants for certain historic preservation projects and associated administrative expenses.

This bill appropriates $15,815,984 from constitutionally dedicated corporation business tax revenues to fund historic preservation projects across New Jersey. The funds will support 33 capital preservation projects (totaling $12.1 million) and 36 historic site management projects (totaling $1.6 million), plus $100,000 for emergency preservation needs and $1.98 million for administrative costs. The New Jersey Historic Trust will administer the grants for properties listed or eligible for listing in the New Jersey or National Register of Historic Places, with recipients required to provide matching funds. Projects include preservation work on sites like the Atlantic City Convention Hall, USS New Jersey, and various historic districts across 15 counties. This legislation implements the constitutional dedication of CBT revenues for historic preservation established by the Preserve New Jersey Act.