Sponsored by:
Assemblyman   ROY FREIMAN
District 16 (Hunterdon, Mercer, Middlesex and Somerset)
Assemblywoman   VERLINA REYNOLDS-JACKSON
District 15 (Hunterdon and Mercer)
Assemblyman   ADAM J. TALIAFERRO
District 3 (Cumberland, Gloucester and Salem)
 
Co-Sponsored by:
Assemblyman Armato
 
 
 
 
SYNOPSIS
        Appropriates $11.5 million from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.
 
CURRENT VERSION OF TEXT
        As introduced.
   
An Act appropriating $11,500,000 from constitutionally dedicated corporation business tax revenues to the State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.
 
        Be It Enacted by the Senate and General Assembly of the State of New Jersey:
 
        1.       a. There is appropriated to the State Agriculture Development Committee the sum of $11,500,000 from dedicated corporation business tax revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution in the    Preserve New Jersey Farmland Preservation Fund,    established pursuant to section 8 of the    Preserve New Jersey Act,    P.L.2016, c.12 (C.13:8C-50), for the purpose of providing municipal planning incentive grants pursuant to section 1 of P.L.1999, c.180 (C.4:1C-43.1) and approved as eligible for such funding pursuant to this section.
        b.       The following municipalities are eligible for funding, in accordance with the rules and regulations of the State Agriculture Development Committee providing for a municipal planning incentive grant program, with the monies appropriated pursuant to subsection a. of this section:
 
Municipality   Upper Deerfield Twp   |
County   Cumberland |
Amount of Grant   $500,000 |
Franklin Twp   |
Gloucester |
$500,000   |
Woolwich Twp   |
Gloucester |
$1,000,000   |
Alexandria Twp |
Hunterdon |
$500,000   |
Pilesgrove Twp |
Salem |
$1,000,000   |
Pittsgrove Twp |
Salem |
$500,000   |
Upper Pittsgrove Twp |
Salem |
$1,000,000   |
Blairstown Twp |
Warren |
$500,000   |
Frelinghuysen Twp |
Warren |
$500,000   |
Knowlton Twp |
Warren |
$500,000   |
TOTAL |
  |
6,500,000 |
 
        c.         (1) The following
municipalities are eligible for funding, in accordance with the rules and
regulations of the State Agriculture Development Committee providing for a municipal
planning incentive grant program competitive grant fund, with the monies
appropriated pursuant to subsection a. of this section:
Municipality   |
County |
Hopewell Twp Upper Deerfield Twp |
Cumberland   |
  |
  |
Franklin Twp Woolwich Twp   |
Gloucester   |
Alexandria Twp Delaware Twp East Amwell Twp Franklin Twp |