Members of the New Jersey Assembly today voted 58-9 to ask the voters in November to approve using 4 percent of corporate business tax (CBT) for open space, farmland and historic site purchases through fiscal
year 2019 and to dedicate an additional 2 percent of CBT revenues from fiscal year 2020 onward.
The Senate voted 36-1 in favor of the legislation in
June. Today was the last day for the Assembly to vote in order for the question
to be on the ballot this fall.
The funding will replenish the now-depleted Green
Acres, Blue Acres, farmland and historic preservation programs, and continue
funding for watershed protection, underground storage tank removal,
brownfields, and clean-ups of polluted sites
Supporters of the legislation were jubilant at its passage–an outcome that looked highly unlikely until late last week.
are incredibly grateful that the Assembly recognized the urgent nature of the
situation and voted to advance the measure to the ballot this November.
NJ League of Conservation Voters: “After many
years of unrelenting advocacy, New Jersey is closer to a sustainable,
dedicated, open space funding solution to ensure future generations will have
preserved farms and forests protecting our clean water and air.”
Jersey as voters now have the opportunity to make
sure there is a stable funding source to protect lands that guard against
flooding and water contamination and preserve open spaces important to the
natural beauty of their communities.”
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