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NJ S2792

NJ S2792
Appropriates $500,000 from constitutionally dedicated CBT revenues and "2009 Farmland Preservation Fund" to State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.


summary

Introduced
02/15/2024
In Committee
04/11/2024
Crossed Over
05/13/2024
Passed
06/28/2024
Dead
Signed/Enacted/Adopted
07/10/2024

Introduced Session

2024-2025 Regular Session

Bill Summary

An Act appropriating $500,000 from constitutionally dedicated corporation business tax revenues and the "2009 Farmland Preservation Fund" to the State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.

AI Summary

This bill appropriates $500,000 from constitutionally dedicated corporation business tax (CBT) revenues and the "2009 Farmland Preservation Fund" to the State Agriculture Development Committee for municipal planning incentive grants to support farmland preservation efforts. Specifically, $200,000 is allocated from the "Preserve New Jersey Farmland Preservation Fund," and $300,000 is from the "2009 Farmland Preservation Fund." The funds will be used to provide a $500,000 grant to Washington Township in Warren County for farmland preservation planning and preservation. Additionally, the bill appropriates $200,000 from the General Fund to the "Preserve New Jersey Farmland Preservation Fund" to implement the provisions of this act.

Committee Categories

Government Affairs

Sponsors (11)

Last Action

Approved P.L.2024, c.29. (on 07/10/2024)

bill text


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