Bill
Bill > A1084
NJ A1084
NJ A1084Requires disclosure of original purchase price for land to be sold to a county, county agriculture development board, or municipality for farmland preservation purposes.
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 requires, when selling real property or a development easement on real property for farmland preservation purposes to a county, county agriculture development board, or municipality, the individual, corporation, limited liability company, or other legal entity selling the property or easement to disclose, prior to sale, the price that it paid for the real property.
AI Summary
This bill requires that when any individual, corporation, limited liability company, or other legal entity sells land or a development easement on land to a county, county agriculture development board, or municipality for the purpose of preserving farmland, the seller must disclose the original purchase price they paid for that land to the government entity before the sale is finalized. This provision aims to ensure transparency in transactions involving farmland preservation.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
Introduced, Referred to Assembly Agriculture and Natural Resources Committee (on 01/13/2026)
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/A1084 |
| BillText | https://pub.njleg.gov/Bills/2026/A1500/1084_I1.HTM |
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