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's primary objective is to ensure a fair, equitable, and uniform application of program requirements across all local jurisdictions. It will evaluate the current status of farmland assessments, including property distribution, and assess the feasibility of imposing conditions on benefit allocations. Additionally, the commission will explore the need for dedicated funding for local inspections to confirm ongoing eligibility for farmland assessment benefits.

The commission will consist of nine members, including state officials and public representatives from diverse backgrounds. Its responsibilities include reviewing existing standards for farmland assessment eligibility, evaluating the impact of state programs on assessments, and making recommendations to improve fairness and equity. The commission will also address inflation's effects on the program and develop strategies to mitigate negative impacts on participants. Furthermore, the bill mandates the preparation of annual reports to the Governor and Legislature, which will be reviewed for necessary legislative action. Overall, the bill aims to enhance the effectiveness and integrity of the farmland assessment program in New Jersey, benefiting taxpayers and supporting the agricultural sector.

Statutes affected:
Introduced: 54:4-23.3