NJDEP Green Acres – The Garden State Preservation Trust Act

frank lampard

On June 30, 1999, then Governor, Christine Whitman, signed into law the Garden State Preservation Trust Act, which will allow New Jersey to preserve 1 million acres over the next ten years. The bill establishes, for the first time in history, a stable source of funding for preservation efforts and the statutory framework necessary to implement the landmark preservation plan approved by a 2-1 margin of New Jerseyans, in November 1998. The 1998 vote amended the New Jersey constitution to provide a stable source of funding to acquire and preserve open space, farmland and historic sites around the state. The amendment dedicates $98 million annually for ten years dedicated to preservation efforts and authorizes the issuance of up to $1 billion in revenue bonds.

The legislation signed by the Governor establishes the Garden State Preservation Trust (GSPT), a nine member board that will receive and approve projects submitted

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