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Bill > S609


NJ S609

NJ S609
Excludes farmland from definitions of "redevelopment area" and "rehabilitation area" in "Local Redevelopment and Housing Law."


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 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 clarify that land actively used for farming and assessed under the "Farmland Assessment Act of 1964" cannot be designated as a "redevelopment area" (an area determined to be in need of redevelopment) or a "rehabilitation area" (an area determined to be in need of rehabilitation). This change is intended to protect New Jersey's agricultural economy, which is a significant industry in the state, often referred to as "The Garden State," by preventing productive farmland from being classified as an area requiring redevelopment or rehabilitation.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Introduced in the Senate, Referred to Senate Economic Growth Committee (on 01/09/2024)

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