Bill Text: NJ A5319 | 2016-2017 | Regular Session | Introduced
Bill Title: Appropriates $500,000 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grant for farmland preservation purposes.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2018-01-08 - Substituted by S3595 [A5319 Detail]
Download: New_Jersey-2016-A5319-Introduced.html
Sponsored by:
Assemblyman ADAM J. TALIAFERRO
District 3 (Cumberland, Gloucester and Salem)
Assemblyman JOHN J. BURZICHELLI
District 3 (Cumberland, Gloucester and Salem)
SYNOPSIS
Appropriates $500,000 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grant for farmland preservation purposes.
CURRENT VERSION OF TEXT
As introduced.
An Act appropriating $500,000 from constitutionally dedicated corporation business tax revenues to the State Agriculture Development Committee for a municipal planning incentive grant 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 $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 a municipal planning incentive grant 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 is eligible for funding with the monies appropriated pursuant to subsection a. of this section:
Municipality |
County |
Amount of Grant Not to Exceed
|
Mannington Twp |
Salem |
$500,000
|
TOTAL |
|
$500,000 |
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 $500,000 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 $500,000 to the State Agriculture Development Committee (SADC) for a municipal planning incentive grant 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 a grant to one municipality. The appropriation and project listed in this bill have been approved by the SADC and the Garden State Preservation Trust.