Bill
Bill > S4067
NJ S4067
NJ S4067Excludes farmland and certain other lands from definitions of "redevelopment area" and "rehabilitation area" in "Local Redevelopment and Housing Law."
summary
Introduced
11/08/2021
11/08/2021
In Committee
12/09/2021
12/09/2021
Crossed Over
01/10/2022
01/10/2022
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill would amend the "Local Redevelopment and Housing Law," P.L.1992, c.79 (C.40A:12A-1 et seq.), to specify that farmland is not a redevelopment area or an area in need of redevelopment under that law. Specifically, this bill amends the definitions of "redevelopment area" and "rehabilitation area" used in the law to specifically exclude any land actively devoted to agricultural or horticultural use that is valued, assessed, and taxed pursuant to the "Farmland Assessment Act of 1964," P.L.1964, c.48 (C.54:4-23.1 et seq.). The classification of productive farmland as an area in need of redevelopment or rehabilitation under the "Local Redevelopment and Housing Law" is detrimental to the State's agricultural economy. Retaining productive farmland is critically important to New Jersey, nicknamed "The Garden State," as agriculture is one of the State's largest industries.
AI Summary
This bill would amend the "Local Redevelopment and Housing Law" to specify that farmland actively devoted to agricultural or horticultural use and valued, assessed, and taxed under the "Farmland Assessment Act of 1964" is not considered a "redevelopment area" or "rehabilitation area" under the law. This change is intended to protect New Jersey's agricultural economy by preventing the classification of productive farmland as areas in need of redevelopment or rehabilitation, which could be detrimental to the state's agriculture industry. The bill would apply to any redevelopment plan adopted by a municipality after the effective date of the bill.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Passed by the Senate (37-1) (on 01/10/2022)
Official Document
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