An Act appropriating $1,591,000 from constitutionally dedicated corporation business tax revenues to the State Agriculture Development Committee for grants to qualifying tax exempt nonprofit organizations for farmland preservation purposes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. There is appropriated to the State Agriculture Development Committee the sum of $1,591,000 from dedicated corporation business tax revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution in the “Preserve New Jersey Farmland Preservation Fund,” established pursuant to section 8 of the “Preserve New Jersey Act,” P.L.2016, c.12 (C.13:8C-50), for the purpose of providing grants to qualifying tax-exempt non-profit organizations listed in subsection b. of this section for up to 50 percent of the cost of acquisition of development easements on farmland or for up to 50 percent of the cost of acquisition of fee simple titles to farmland for resale or lease with agricultural deed restrictions approved by the committee.
b. The following projects are eligible for funding with the monies appropriated pursuant to subsection a. of this section:
Amount of
Applicant Farm County Municipality Grant Not
(Project) to Exceed
D&R Greenway Land Trust $403,000
Muscente (D&RGLT) Mercer Hopewell Twp
Monmouth Conservation Foundation $490,000
Druesne, B&M Monmouth Colts Neck Twp
New Jersey Conservation Foundation $557,000
Parave, J&E Salem Alloway Twp
Palermo Show Stable Somerset Bedminster Twp
The Land Conservancy of New Jersey $141,000
Gang, W&L Warren Frelinghuysen Twp
Gibb, J&M Warren Washington Twp
2. There is appropriated from the General Fund to the “Preserve New Jersey Farmland Preservation Fund,” established pursuant to section 8 of the “Preserve New Jersey Act,” P.L.2016, c.12 (C.13:8C-50), the sum of $1,591,000 to implement the provisions of this act.
3. The expenditure of the sums appropriated by this act is subject to the provisions and conditions of P.L.2016, c.12 (C.13:8C-43 et seq.), P.L.1999, c.152 (C.13:8C-1 et seq.), and P.L.1983, c.32 (C.4:1C-11 et seq.), as appropriate.
4. This act shall take effect immediately.
Approved January 31, 2019.