Bill > S2845

Introduced Session

This bill permits cannabis to be cultivated on land receiving a farmland assessment; technical assistance to be provided to certain cannabis businesses in the State; and economic incentives to be provided to minority, women's, and disabled veterans' cannabis businesses operating in impact zones. Current law prohibits medical and recreational cannabis from being cultivated on land that is valued, assessed, or taxed as an agricultural or horticultural use pursuant to the Farmland Assessment Act of 1964. This bill eliminates these prohibitions. Under current law, certain persons and entities that are issued a license to operate as a cannabis cultivator, manufacturer, wholesaler, distributor, retailer, or delivery service; and property owners, developers, and operators of projects that are to be used to benefit these licensees are prohibited from receiving certain State or local economic incentives. The provisions of the bill provide that these exclusions do not apply to persons who are owners of or entities that are minority businesses, women's businesses, or disabled veterans' businesses operating in impact zones. The bill also clarifies that technical assistance provided to a person or entity under the bill is not to be considered a State or local economic incentive.

AI Summary

Committee Categories

Nick Scutari (D)*, 

Senate Budget and Appropriations Hearing (13:00 6/27/2022 Committee Room 4, 1st Floor, State House Annex, Trenton, NJ) (on 06/27/2022)

Official Document