CHAPTER 167

 

An Act appropriating $3,750,990 from constitutionally dedicated corporation business tax revenues to the State Agriculture Development Committee for grants to qualifying tax exempt nonprofit organizations 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 $3,750,990 for the purpose of providing grants to qualifying tax exempt nonprofit organizations, as listed in subsections b. and c. of this section, for up to 50 percent of the cost of acquisition of development easements on farmland or for up to 50 percent of the cost of acquisition of fee simple titles to farmland for resale or lease with agricultural deed restrictions approved by the committee, as follows:

     (1) $3,561,350 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), made available due to the reallocation of previously appropriated monies; and

     (2) $189,640 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).

     b.    The following projects are eligible for funding with the monies appropriated pursuant to subsection a. of this section:

 

Applicant                                        Farm                                 County                    Municipality             Amount of Grant

(Project)                                                                                                                                                                     Not to Exceed

The Land Conservancy               Carson, Daniel,                Warren                     Frelinghuysen Twp.              $2,000,100

  of New Jersey                                & Whitney #1

The Land Conservancy               Carson, Daniel,                Warren                     Frelinghuysen Twp.                 $409,740

  of New Jersey                                & Whitney #2

The Land Conservancy               Carson, Daniel,                Warren                     Frelinghuysen Twp.                 $251,400

  of New Jersey                                & Whitney #3

The Land Conservancy               Harrison, Randy S.,        Warren                     Washington Twp.                     $177,450

  of New Jersey                                & Joann

The Land Conservancy               Good Springs LLC         Warren                     Franklin Twp.                            $320,600

  of New Jersey

 

     c. (1) Of the monies appropriated to the State Agricultural Development Committee pursuant to subsection a. of this section, $591,700 shall be utilized to provide grants to the qualifying tax exempt nonprofit organizations listed in paragraph (2) of this subsection for up to 50 percent of the cost of acquisition of development easements on farmland or for up to 50 percent of the cost of acquisition of fee simple titles to farmland for resale or lease with agricultural deed restrictions approved by the committee.  Any unused monies provided as grants to the qualifying tax exempt nonprofit organizations listed in paragraph (2) of this subsection may be utilized by the qualifying tax exempt nonprofit organization for allowable project costs.

     (2) The following projects are eligible for funding with the monies appropriated pursuant to subsection a. of this section, in the amount and for the purposes of paragraph (1) of this subsection:

Applicant (Project)                     Farm                                                       County                                             Municipality

The Land Conservancy               Hubbard, Adam                                    Sussex                                            Wantage Twp.

  of New Jersey

The Land Conservancy               Vosper, Michelle Marie                      Sussex                                           Stillwater Twp.

  of New Jersey

The Land Conservancy               526 Delaware Rd. LLC                      Warren                                       Blairstown Twp.

  of New Jersey

 

     2.    The expenditure of the sums appropriated by this act is subject to the provisions and conditions of P.L.2016, c.12 (C.13:8C-43 et seq.), P.L.2009, c.117, P.L.1999, c.152 (C.13:8C-1 et seq.), and P.L.1983, c.32 (C.4:1C-11 et seq.), as appropriate.

 

     3.    This act shall take effect immediately.

 

     Approved December 19, 2025.