This bill establishes the Farmer Supply Link Program in New Jersey, aimed at supporting farmers by providing access to discounted bulk agricultural supplies. The program will be administered by county agricultural development boards and will allow these boards to enter into contracts with agricultural product aggregators to purchase supplies such as equipment, seeds, and fertilizers at reduced rates. The initiative is designed to help mitigate the costs associated with starting and managing a farm business, thereby enhancing the resilience of the agricultural industry in the state.
Additionally, the bill outlines the responsibilities of the boards in developing rules, fee schedules, and guidelines for the distribution of supplies, ensuring that fees are reasonable and adjusted annually based on the Consumer Price Index. It also stipulates that any excess revenue generated from the program will be credited to the Preserve New Jersey Farmland Preservation Fund. In the first year of participation, boards can request grants from the committee, which will prioritize funding based on established criteria. After the first year, contracts with agricultural product aggregators must be funded through the fees collected, ensuring a sustainable financial model for the program.