Bill > A4465

Introduced Session

This bill would revise the "Farmland Assessment Act of 1964" to clarify that the mere cessation of agricultural or horticultural activity on land that is valued, assessed, and taxed as farmland under that law, will not subject the land to roll-back taxes unless an active conversion of the land to a non-agricultural or non-horticultural use takes place. "Roll-back taxes" are the additional taxes assessed on a property that is no longer dedicated to agricultural or horticultural use. The amount of roll-back taxes assessed on a property are the difference between the property taxes paid on the property as assessed for agricultural or horticultural use and the taxes that would have otherwise been due if the property had been taxed as other land within the taxing district. These taxes are assessed for the tax year in which agricultural or horticultural use was discontinued and the two tax years preceding. The provisions of this bill conform the "Farmland Assessment Law of 1964" to a1981 New Jersey Tax Court decision in Jackson Twp. V. Paolin, 181 N.J. Super. 293, where the Court found it "difficult to imagine that the intent of any rollback provision was to impose an extra tax burden on a landowner who simply grew old or became disabled and no longer could actively devote his property to agriculture."

Committee Categories

Roy Freiman (D)*,  Andrea Katz (D)*,  Heather Simmons (D)*, 

Reported and Referred to Assembly Appropriations Committee (on 12/16/2024)

Official Document