The proposed bill establishes the Farmland Assessment Review Commission within the New Jersey Department of Agriculture, which will be responsible for the annual review and recommendation of changes to the state's farmland assessment program. The commission aims to ensure fair, equitable, and uniform application of the program across local jurisdictions by evaluating various aspects such as the number and location of farmland-assessed properties, the feasibility of imposing limits on benefits, and the need for dedicated funding for inspections. The commission will consist of nine members, including state officials and public members with expertise in agriculture, taxation, and local assessment practices, who will be appointed by various state leaders.

Additionally, the bill outlines the commission's responsibilities, including conducting independent reviews of farmland assessment eligibility documentation and ensuring compliance with program requirements. The commission has the authority to revoke assessment privileges and require repayment of benefits for non-compliant properties. It is also tasked with preparing annual reports to the Governor and Legislature, detailing its activities and recommendations for program improvements. The legislation mandates the State Agriculture Development Committee and the Department of Agriculture to develop and implement rules for regular reviews and updates of the farmland assessment program guidelines, ultimately aiming to enhance clarity, uniformity, and fairness among taxpayers.

Statutes affected:
Introduced: 54:4-23.3