This bill proposes a supplemental appropriation of $8,000,000 from the Property Tax Relief Fund to the Monmouth County Open Space and Farmland Preservation Trust Fund for the purpose of purchasing the Stein property in Upper Freehold Township, New Jersey. The total cost to acquire the property is estimated at $25,000,000, and the funding is intended to help prevent the construction of a warehouse that would disrupt the historic site, which served as a campground for British soldiers during the Revolutionary War. The proposed development would split the farmland into two parcels, each containing a 50-foot warehouse, leading to significant traffic and environmental concerns for local residents.

The bill emphasizes the importance of preserving the Stein property to protect local open space, mitigate air pollution, and prevent potential contamination of water sources from industrial runoff. Local property owners have expressed their opposition to the warehouse plans, citing issues such as increased vehicle traffic, stormwater flooding, and the need for additional infrastructure to support the development. The New Jersey Society of the Sons of the American Revolution has also advocated for the preservation of this historically significant land. The act is set to take effect immediately upon passage.