Bill

Bill > A2436


NJ A2436

NJ A2436
Excludes farmland from definitions of "redevelopment area" and "rehabilitation area" in "Local Redevelopment and Housing Law."


summary

Introduced
02/14/2022
In Committee
02/14/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill amends the "Local Redevelopment and Housing Law," P.L.1992, c.79 (C.40A:12A-1 et seq.), to specify that certain farmland and certain other lands cannot be included in a redevelopment area, an area in need of redevelopment, a rehabilitation area, or an area in need of rehabilitation under that law. Specifically, this bill amends the definitions of "redevelopment area" and "rehabilitation area" used in the law to specifically exclude: (1) 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.); (2) land valued, assessed, and taxed pursuant to the "Farmland Assessment Act of 1964" in the 10 years prior to a determination pursuant to the "Local Redevelopment and Housing Law"; and (3) land that is not classified pursuant to the requirements of N.J.A.C.18:12-2.2 as Class 2 "residential property," Class 4A "commercial property," Class 4B "industrial property," or Class 4C "apartments" for property tax purposes. The exclusions provided in the bill from the definitions of "redevelopment area" and "rehabilitation area" would not apply to lands subject to remediation and cleanup of environmentally hazardous materials or contaminants in accordance with State or federal law.

AI Summary

This bill amends the "Local Redevelopment and Housing Law" to exclude certain farmland and other lands from being included in a "redevelopment area" or "rehabilitation area" under the law. Specifically, it excludes land that is actively devoted to agricultural or horticultural use and valued, assessed, and taxed under the "Farmland Assessment Act of 1964," as well as land that has been assessed under that act within the previous 10 years. It also excludes land that is not classified as residential, commercial, industrial, or apartment property for tax purposes, unless the site is subject to environmental remediation. These exclusions are intended to prevent farmland and certain other lands from being designated for redevelopment or rehabilitation under the law.

Committee Categories

Agriculture and Natural Resources

Sponsors (5)

Last Action

Introduced, Referred to Assembly Agriculture and Food Security Committee (on 02/14/2022)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...