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Bill > S104


NJ S104

NJ S104
Excludes farmland from definitions of "redevelopment area" and "rehabilitation area" in "Local Redevelopment and Housing Law."


summary

Introduced
01/11/2022
In Committee
01/11/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 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 amends the "Local Redevelopment and Housing Law" to exclude farmland from the definitions of "redevelopment area" and "rehabilitation area." Specifically, it specifies that any land actively devoted to agricultural or horticultural use and valued, assessed, and taxed under the "Farmland Assessment Act of 1964" cannot be classified as an area in need of redevelopment or rehabilitation under the law. This change is intended to protect New Jersey's agricultural economy and the state's identity as the "Garden State," where agriculture is a major industry.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Introduced in the Senate, Referred to Senate Economic Growth Committee (on 01/11/2022)

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