Bill
Bill > S4176
NJ S4176
NJ S4176Appropriates $1.723 million from constitutionally dedicated CBT revenues and "2009 Farmland Preservation Fund" to State Agriculture Development Committee for grants to certain nonprofit organizations for farmland preservation purposes.
summary
Introduced
12/04/2023
12/04/2023
In Committee
12/18/2023
12/18/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Appropriates $1.723 million from constitutionally dedicated CBT revenues and "2009 Farmland Preservation Fund" to State Agriculture Development Committee for grants to certain nonprofit organizations for farmland preservation purposes.
AI Summary
This bill appropriates $1.723 million from constitutionally dedicated Corporation Business Tax (CBT) revenues and the "2009 Farmland Preservation Fund" to the State Agriculture Development Committee for grants to certain nonprofit organizations for farmland preservation purposes. The grants can cover up to 50% of the cost of acquiring development easements on farmland or fee simple titles to farmland for resale or lease with agricultural deed restrictions. The bill specifies the eligible projects and the maximum grant amounts for each.
Committee Categories
Agriculture and Natural Resources
Sponsors (2)
Last Action
Reported from Senate Committee, 2nd Reading (on 12/18/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S4176 |
| Analysis - Statement SSG 12/18/23 | https://pub.njleg.gov/Bills/2022/S4500/4176_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/S4500/4176_I1.HTM |
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