Bill Text: NJ A4733 | 2018-2019 | Regular Session | Chaptered


Bill Title: Appropriates $15,000,000 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.

Spectrum: Bipartisan Bill

Status: (Passed) 2019-01-31 - Approved P.L.2019, c.27. [A4733 Detail]

Download: New_Jersey-2018-A4733-Chaptered.html

Approp.

 


P.L. 2019, CHAPTER 27, approved January 31, 2019

Assembly, No. 4733

 

 


An Act appropriating $15,000,000 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 $15,000,000 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 subsection b. of this section.

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

 

Municipality

County

Amount of

Grant Not

to Exceed

 

Upper Deerfield Twp

Cumberland

$500,000

 

Franklin Twp

Gloucester

$500,000

 

Woolwich Twp

Gloucester

$1,000,000

 

Alexandria Twp

Hunterdon

$500,000

 

Kingwood Twp

Hunterdon

$500,000

 

Tewksbury Twp

Hunterdon

$500,000

 

Colts Neck Twp

Monmouth

$1,000,000

 

Holmdel Twp

Monmouth

$500,000

 

Manalapan Twp

Monmouth

$500,000

 

Millstone Twp

Monmouth

$1,000,000

 

Upper Freehold Twp

Monmouth

$1,000,000

 

Alloway Twp

Salem

$500,000

 

Mannington Twp

Salem

$500,000

 

Pilesgrove Twp

Salem

$1,000,000

 

Pittsgrove Twp

Salem

$1,000,000

 

Upper Pittsgrove

Salem

$1,000,000

 

Frankford Twp

Sussex

$500,000

 

Blairstown Twp

Warren

$1,000,000

Frelinghuysen Twp

Warren

$1,000,000

 

Knowlton Twp

Warren

$1,000,000

 

 

 

TOTAL

 

$15,000,000

 

     2.    There is appropriated from the General Fund to 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), the sum of $15,000,000 to implement the provisions of this act.

 

     3.    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.1999, c.180 (C.4:1C-43.1), 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.

 

     4.    This act shall take effect immediately.

 

 

STATEMENT

 

     This bill would appropriate $15,000,000 to the State Agriculture Development Committee (SADC) for municipal planning incentive grants pursuant to a program established by P.L.1999, c.180 (C.4:1C-43.1) for farmland preservation purposes.

     This funding is from constitutionally dedicated corporation business tax revenues 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).

     This bill would provide grants to 20 municipalities.  The appropriation and projects listed in this bill have been approved by the SADC and the Garden State Preservation Trust.

 

 

                                

 

     Appropriates $15,000,000 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.

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