Bill Text: NJ S4277 | 2018-2019 | Regular Session | Introduced


Bill Title: Appropriates $5,000,000 from constitutionally dedicated CBT revenues to State Agriculture Development Committee for municipal planning incentive grants for farmland preservation purposes.

Spectrum: Slight Partisan Bill (Democrat 7-4)

Status: (Passed) 2020-01-21 - Approved P.L.2019, c.450. [S4277 Detail]

Download: New_Jersey-2018-S4277-Introduced.html

SENATE, No. 4277

STATE OF NEW JERSEY

218th LEGISLATURE

 

INTRODUCED DECEMBER 5, 2019

 


 

Sponsored by:

Senator  LINDA R. GREENSTEIN

District 14 (Mercer and Middlesex)

 

 

 

 

SYNOPSIS

     Appropriates $5,000,000 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 $5,000,000 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 $5,000,000 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 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:

 

County

Municipalities

 

Cumberland

 

Hopewell Twp

Upper Deerfield Twp

 

 

Gloucester

 

Elk Twp

Franklin Twp

Woolwich Twp

 

Hunterdon

 

Alexandria Twp

Delaware Twp

East Amwell Twp

Franklin Twp

Holland Twp

Kingwood Twp

Raritan Twp

Readington Twp

Tewksbury Twp

Union Twp

West Amwell Twp

 

Mercer

 

Hopewell Twp

 

Monmouth

Colts Neck Twp

Holmdel Twp

Howell Twp

Manalapan Twp

Marlboro Twp

Millstone Twp

Upper Freehold Twp

 

Salem

Alloway Twp

Mannington Twp

Pilesgrove Twp

Pittsgrove Twp

Upper Pittsgrove Twp

 

Somerset

Bedminster Twp

Franklin Twp

Hillsborough Twp

Montgomery Twp

Peapack - Gladstone Boro

 

 

Sussex

Frankford Twp

Green Twp

 

Warren

Blairstown Twp

Franklin Twp

Frelinghuysen Twp

Greenwich Twp

Harmony Twp

Hope Twp

Knowlton Twp

Pohatcong Twp

White Twp

 

     c.     The maximum grant award a municipality identified in subsection b. of this section may receive pursuant to the funding provided by this section is $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 $5,000,000 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 $5,000,000 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.

     The funding in this bill is provided from constitutionally dedicated corporation business tax (CBT) revenues pursuant to Article VIII, Section II, paragraph 6 of the State Constitution, approved by the voters of the State in November 2014.  The "Preserve New Jersey Act," P.L.2016, c.12 (C.13:8C-50), implements the constitutional dedication of CBT revenues for open space, farmland, and historic preservation. The "Preserve New Jersey Farmland Preservation Fund" was established pursuant to section 8 of the "Preserve New Jersey Act.

     Forty-five municipalities would be eligible for funding under this bill.  The maximum grant award a municipality could receive under the bill is $500,000.  The appropriation and eligible municipalities listed in the bill have been approved by the SADC and the Garden State Preservation Trust.

feedback