Appropriates $111.6 million in dedicated natural resource damages revenues to DEP for habitat restoration, land acquisition, and restoration oversight projects.

This bill appropriates $111.6 million in natural resource damages revenues to the New Jersey Department of Environmental Protection for habitat restoration, land acquisition, and oversight projects. The funds come from legal settlements with various corporations and are allocated across different water regions and specific sites like the Ciba-Geigy Superfund Site. The Department of Environmental Protection may distribute these funds through grants or loans to local governments and nonprofit organizations, with the ability to reallocate money among projects subject to budget approval and legislative notification.