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Bill > A1506
NJ A1506
NJ A1506Exempts from realty transfer fee recording of deed of preserved farmland to qualified beginning farmer.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill provides that preserved farmland purchased by a qualified beginning farmer would not be subject to the realty transfer fee. Under this bill, the fee would not apply when preserved farmland is acquired by a person who possesses a written certification issued by the Department of Agriculture pursuant to the bill demonstrating that the person qualifies as a qualified beginning farmer. The bill requires the Department of Agriculture to establish a procedure to certify in writing a person as a qualified beginning farmer. The realty transfer fee (fee), established pursuant to P.L.1968, c.49 (C.46:15-5 et seq.), applies to sales and transfers of interests in real property and is imposed upon the recording of deeds evidencing transfers of title to real property in the State. Current law provides a number of full and partial exemptions from the payment of the fee. This bill is similar to a provision contained in the Pennsylvania Farm Bill. The Pennsylvania Department of Agriculture has established a certification process for qualified beginning farmers. A person who receives this certification is exempt from the realty transfer fee when purchasing a preserved farm. New Jersey has long committed to preserving farmland, however New Jersey cannot rest on the success of land preservation. The State needs to do much more to preserve farming itself and take further action to preserve its farmers as well. This bill is intended to remove a disincentive for people to take up the vital and historic role of farmer. Currently, the average age of a farmer in the United States is 57.5 years. The national average age has increased by 1.6 percent annually since 1994, on average, according to the 2017 Census of Agriculture conducted by the United States Department of Agriculture. The average age of a New Jersey farmer is 59.7 years, according to the same report.
AI Summary
This bill exempts preserved farmland purchased by a qualified beginning farmer from the realty transfer fee, which is a tax imposed on the recording of deeds for real property transfers. To qualify for this exemption, a person must obtain written certification from the Department of Agriculture, which will establish a procedure, including eligibility criteria and necessary documentation, to certify individuals as beginning farmers. This initiative aims to encourage new farmers and address the aging farmer population by removing a financial disincentive, similar to a program already in place in Pennsylvania.
Committee Categories
Agriculture and Natural Resources
Sponsors (2)
Last Action
Assembly Agriculture and Natural Resources Hearing (15:00:00 3/9/2026 Committee Room 16, 4th Floor, State House Annex, Trenton, NJ) (on 03/09/2026)
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/2026/A1506 |
| BillText | https://pub.njleg.gov/Bills/2026/A2000/1506_I1.HTM |
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