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 a fair and uniform application of program requirements across local jurisdictions by evaluating the current status of farmland assessments, assessing the impact of inflation, and developing recommendations for modifying income-based requirements. The commission will consist of nine members, including state officials and public members with relevant expertise, and will conduct independent audits to ensure compliance with the Farmland Assessment Act.

Additionally, the bill mandates the development of guidelines to assist local officials in determining agricultural use for tax purposes and requires the State Agriculture Development Committee and the Department of Agriculture to regularly review and update these guidelines based on the commission's recommendations. The commission members will serve without compensation but may be reimbursed for expenses. Overall, the bill seeks to enhance the integrity and effectiveness of the farmland assessment program in New Jersey, ensuring a consistent and equitable application of requirements and benefits statewide.

Statutes affected:
Introduced: 54:4-23.3