Signed by Governor Phil Murphy

Vote Smart's Synopsis:

Vote to pass a bill that appropriates $56.6 billion in annual state spending for the New Jersey general budget.

Highlights:

• Appropriates $56.6 billion in annual state spending for the New Jersey general budget for the fiscal year ending June 30, 2025, including, but not limited to (Sec. 2-108):

• $20 million for operating aid to state community colleges;

• $220 million for the state property tax credit program;

• $45 million for the State University Hospital; 

• $30 million to expand the state’s mental health workforce;

• $12.5 million for the Wood-Ridge School District; and

• $9 million for improvements in the Essex County’s Weequahic Park.

• Specifies that the spending provisions of this bill shall take effect July 1, 2024 (Sec. 109).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that appropriates $56.6 billion in annual state spending for the New Jersey general budget.

Highlights:

• Appropriates $56.6 billion in annual state spending for the New Jersey general budget for the fiscal year ending June 30, 2025, including, but not limited to (Sec. 2-108):

• $20 million for operating aid to state community colleges;

• $220 million for the state property tax credit program;

• $45 million for the State University Hospital; 

• $30 million to expand the state’s mental health workforce;

• $12.5 million for the Wood-Ridge School District; and

• $9 million for improvements in the Essex County’s Weequahic Park.

• Specifies that the spending provisions of this bill shall take effect July 1, 2024 (Sec. 109).

Full Bill Text