Provides that 10-year term does not apply to lease of certain municipal properties unless they are waterfront properties or related to waterfront concessions.
Appropriates $15,564,293 from constitutionally dedicated CBT revenues to NJ Historic Trust for grants for certain historic preservation projects and associated administrative expenses.
Authorizes use of competitive contracting and extended terms for lease and purchase contracts for electric school buses; permits New Jersey School Boards Association to serve as government aggregator to obtain electric school buses.
Clarifies that unlawful gifting of marijuana or cannabis is prohibited under "New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act."